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The report quantifies GDP loss, recovery timelines and the enduring effects on poverty and household expenditure, painting a daunting picture of the development challenges ahead.
The fishing industry, reliant on fossil fuels and vulnerable to climate change, needs to shift to alternative energy – but in a way that’s fair for vulnerable countries and communities.
The roadmap offers a blueprint for setting up a sustainable and efficient one-stop shop for trade procedures in line with national needs.
Intellectual property rights are not distant, lofty ideals, but tangible tools in the hands of the world’s most vulnerable economies striving for development and progress.
The organization warns that escalating attacks on ships in the Red Sea are adding strain to shipping routes already hit by conflict and climate change.
Facing multiple and cascading crises, the world needs a strong and unified voice from the Global South more than ever, UNCTAD chief Rebeca Grynspan says at the handover ceremony.
Secretary-General Rebeca Grynspan said that although the Global South has risen as an economic power, it remains behind in metrics that matter the most.
A new UNCTAD report shows FDI flows to the Global South dropped to $841 billion in a global context of weak investment and economic uncertainty.
The contest will inspire innovative solutions to make global supply chains greener and more efficient and resilient.