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Written by John Frank, Vice President, UN Affairs, Microsoft
UNCTAD alerts global economic growth will decrease to 2.6% from 3.6% for 2022 and that developing countries will need $310 billion to meet their external public debt service requirements this year.
The tool helps governments and businesses understand how exports are hurting the local environment, so they can better align environmental, trade and industrial policies.
The conflict could widen the $3.6 trillion annual gap in financing needed to achieve sustainable development goals and worsen the debt burden in many developing countries.
Industry 4.0 and the challenges of sustainable urban development will be in focus at the 25th session of the UN Commission on Science and Technology for Development.
Written by Carlota Perez, Honorary Professor at the Institute for Innovation and Public Purpose, University College London
More developing countries could use satellites and other technologies to solve urban sustainability challenges, such as providing water to a growing population.
By Yoshua Bengio, Université de Montreal / Mila / IVADO / CIFAR
By Paul Akiwumi, Director for Africa and Least Developed Countries, UNCTAD
UNCTAD’s rapid assessment of the war’s impact on trade and development shows a rapidly worsening outlook for the world economy, with the situation especially alarming for African and least developed countries.