data shows that the COVID-19 pandemic, the war in Ukraine and the climate crises are having a devastating effect on progress towards the SDGs, according to its annual .
UNCTAD
reports that a significant increase in investment in sustainable energy systems in developing countries is crucial for the world to reach climate goals by 2030.
Following two consecutive quarters of decline, global trade in goods and services rebounded between January and March 2023. But prospects for the rest of the year are bleak, according to .
The recently launched Productive Capacities Index will help countries make more accurate diagnostics and measurements of their economic performance. By measuring the economy from an input perspective across eight core components of productive capacities, the PCI more fully captures economic potential and highlights key areas for development policy focus. Stronger productive capacities help countries move towards long-term national development goals and achieve the Sustainable Development Goals. With ’s support, more countries are adopting the PCI to establish data-driven and evidence-based policies.
Angola boasts a vast coastline, ample labour in the fisheries sector and good trading relations with major fish importers in Europe and Asia. With the fish traded globally expected to rise from 187 million tons in 2018 to 250 million tons by 2030, Angola stands to benefit from this opportunity. Angola can create more jobs, trade opportunities, boost food security, improve livelihoods and reduce poverty by tapping more into the blue economy – the sustainable use of ocean resources for economic growth. is supporting Angola to build a sustainable, resilient and inclusive blue economy.
The extension of the Initiative is confirmed for another 60 days. The Initiative along with an managed agreement has moved food products and fertilizers helping to bring down food prices.
A new analyses the world’s ocean economy – worth an estimated $3-6 trillion – and assesses how human activity and multiple global crises have significantly affected different sectors.
will host the to identify trade policies to help countries grow their economies while tackling challenges and accelerating progress towards achieving the SDGs.
- in its latest - warns that developing countries are facing years of difficulty as the global economy slows down amid heightened financial turbulence. Annual growth across large parts of the global economy will fall below pre-pandemic levels and well below the decade of strong growth before the global financial crisis. Developing countries are facing a projected foregone income of $800 billion and battling unprecedented levels of debt distress. Global growth in 2023 is expected to drop to 2.1%, compared to the 2.2% projected in September 2022.
For 15 years, Mavilde de Assunção Alves has struggled to maintain her hives, which have dwindled from 15 to 8. After attending a , she’s more confident about the future.
World trade hit a record $32 trillion in 2022, but growth turned negative in the last half of the year. Environmentally friendly products defied the trend.
reports the Black Sea Grain Initiative - which has moved 25 million metric tons of grains - mostly benefitted developing countries, supporting food security among the most vulnerable.
Technologies used to produce goods and services with smaller carbon footprints are providing increasing economic opportunities, but many developing countries could miss them, unless governments and the international community take decisive action.
’s online courses in least developed countries (LDCs) benefit from trade.
The Bhutanese government launched the ground-breaking G2B digital government portal, using ’s customizable digital platform, making it the fastest place in the world to start a new business.