EU should consider trade impacts of new climate change mechanism ?
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UNCTAD Update (10-16 July 2021)
Our latest?news, thought leadership and events
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News
This week UNCTAD released a report on the anticipated impacts of?the European Union's new carbon border adjustment mechanism. It finds that while the mechanism?could help avoid ※carbon leakage§, its impact on climate change would be limited 每 only a 0.1% drop in global CO2 emissions 每 and?could result in higher trade costs for developing countries. Read more in and .
The 2021 update of the UNCTAD SDG Pulse illustrates in numbers how the COVID-19 health crisis exacerbated many imbalances in 2020 and delayed progress towards the Sustainable Development Goals. It presents an analysis for a range of SDG indicators and others relevant to trade, investment, financing for development, debt, transport, and technology. Available in , , and .?
We also featured a Pakistani youth who is using e-health to change rural lives. Young trailblazer, Muhammad Sarim Raza, is using technology to deliver healthcare services to medically underserved communities in Pakistan. .
Authorities in developing countries face several challenges in enforcing competition law against digital platforms, participants heard during an UNCTAD expert?meeting on competition law and policy held from 7 to 9 July.? They argued for more regional and international cooperation?for effective enforcement of competition law in cross-border cases in the digital economy.?
Then, read about UNCTAD's voluntary peer review of , also presented at the meeting.
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Upcoming events
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Registration is now open for UNCTAD15, 3-7 October 2021
.?Online registration is mandatory for all participants in the UNCTAD 15 Conference. To register for pre-events, including the various forums and other pre-events,?please go directly to the webpage concerning these events as separate online registration is required for each of these events.??via Indico.
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UNCTAD15 pre-event: , 19 July 2021, 9-11am (NYT)
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?Affordable and sustainable external debt financing is a core requirement to achieve structural transformation in developing countries, and to meet the 2030 Agenda. This webinar will be to examine the different policy options to reform the international financial and debt architecture, at both market-based and multilateral levels, to promote comprehensive, effective and equitable sovereign debt restructurings and relief, as well as sound sovereign debt markets that can pro-actively support sustainable and inclusive development.
UNCTAD15 pre-event: 23 July 2021, 4am-10:00am?(NYT)
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This webinar looks at macroeconomic and financial policies from a comparative cross-country perspective. It aims at fostering a better understanding of the key macroeconomic and financial policy challenges that developing countries face and the extent to which China＊s development strategy, trajectory and dynamics can inform other countries＊ macroeconomic and financial policy strategies.
Visit UNCTAD's? for more events like these.
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This newsletter was?prepared by UNCTAD New York Office of the Secretary-General
Visit our? for more on UNCTAD＊s work in monitoring the effects of the global pandemic on manufacturing, trade, foreign direct investment, and economic growth and new resources we offer to address them.
Email:?UNCTADNY2@un.org
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