The escalation of hostilities in Gaza is continuing to have grave repercussions on lives and livelihoods, with cascading implications for the labour market.
Economic Development
2023 is the year of inequality and it’s been made tougher by the compounding threats of climate change, fragility, conflict and violence, and food insecurity.
Reaching our climate goals requires huge investments, and every part of the finance sector plays a significant role in achieving them. This is why the has launched the first of its kind, involving public finance institutions via export credit agencies. The alliance is committed to supporting initiatives that promote a net-zero greenhouse gas emission by 2050, in line with a 1.5°C world. The announcement coincides with a thematic at COP28, which promotes a sustainable future with diverse public and private finance solutions.
New data released by highlights the limitations of Gross Domestic Product (GDP) as an all-encompassing metric for progress, underscoring that higher economic output doesn’t equate to more inclusive and sustainable growth.
Cities, towns and surrounding areas act as powerful magnets for innovation, culture and opportunities, alluring talent and investment. Urban living has already been embraced by more than half of the world's population, and projections indicate that . Urban areas can also be an inequality trap, with overcrowding, pollution, poor infrastructure and social injustice. While there isn't a one-size-fits-all formula for attaining sustainable urban development, the UN’s offers guidance and strategy. When the urban landscape is well planned and managed, it can be a transformative force to accelerate the SDGs.
is increasing access to educational and training opportunities, income-generating activities, gender-sensitive health services and safe drinking water for women living in rural areas across Africa.
Agriculture, energy and mining can leave an economy vulnerable and people poor, especially in developing countries.
The global economy is at a crossroads, where divergent growth paths, widening inequalities, growing market concentration, and mounting debt burdens cast shadows on its future.
Over the last six months, on nearly 50 SDG indicators across 90 countries. underscores the pressing need for swift and targeted action.
The 2023 International Day for South-South Cooperation (12 September) takes place a week ahead of the UN SDG Summit and is an opportunity to raise awareness of the practical actions to accelerate progress on the Sustainable Development Goals at the halfway mark to the 2030 target. South-South cooperation is a manifestation of solidarity among peoples and countries of the South that contributes to their national well-being, their national and collective self-reliance and the attainment of internationally agreed development goals, including the 2030 Agenda for Sustainable Development.
Apply today to participate in, an initiative that offers training, support, pitching and networking opportunities to help women entrepreneurs access financing and succeed. The program provides investment readiness training, business skills training, pitching and matchmaking opportunities, all critical to helping women-led startups scale up their businesses. She Wins Africa is open to women-led startups operating in sub-Saharan Africa in any sector. Applications close on September 15th, 2023.
global public debt has reached colossal levels, standing at $92 trillion in 2022. This five-fold surge in public debt levels since 2000 demands immediate action to tackle the escalating crisis affecting developing countries. On average, African countries pay four times more for borrowing than the United States and eight times more than the wealthiest European economies. A total of 52 countries – almost 40 percent of the developing world – are in serious debt trouble with half of all developing nations spend a minimum of 7.4% of their export revenues on servicing external public debt.
Fashion has one of the most powerful marketing engines that influences the identities, values, and actions of billions of people. This, in turn, impacts consumption patterns, a . and launched the , a guide with an , on how to align consumer-facing communication in the fashion industry with sustainable targets in accordance to the Paris Agreement. Its purpose is to reduce the carbon print and overconsumption, demand action, and inspire sustainable lifestyles.
Syrians are laying down roots in their places of refuge and have valuable skills and knowledge that they can use in their host communities. grants are helping refugees fulfil their potential.
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.