The report forecasts global economic growth to 2.6% in 2024, barely above the 2.5% threshold commonly associated with a recessionary phase. The report says the prevailing focus on inflation overshadows urgent issues like trade disruptions, climate change and rising inequalities. It advocates for structural reforms and coordinated global efforts, proposing …
This UNCTAD SDG Pulse comes at a crucial moment in the history of both multilateralism and trade and development. Since 2020, the world has been in a constant state of cascading crises that overlap and compound each other. Climate change, the COVID-19 pandemic, and now the war in Ukraine, have …
In February 2023, Stock Market indicators from selected African markets, showed mixed trends on monthly and annual basis. On annual basis, stock market indices in Egypt, Nigeria, Tunisia and South Africa improved by respective rates of 52.6 percent, 17.7 percent, 13.6 percent and 2.2 percent in February 2023 compared to …
International trade and climate change law are two distinct realms that inevitably and increasingly interact with each other. Climate change law instruments - in particular, the UNFCCC and the Paris Agreement - constitute the legal framework within which States set emissions reduction targets and adopt climate mitigation measures to achieve …
This report shows how smart trade and investment policies, and regulatory cooperation in the Asia and Pacific region can help economies tackle climate change, recover from the pandemic, and support resilient and sustainable development. Analyzing topics including global value chains, investment, the movement of people, and regional cooperation initiatives, it …
Greenhouse Gas (GHG) emissions are the main driving force of climate change, and all economic sectors need to internalize their costs. Food systems (including land use, production, refrigeration, food processing) account for a quarter of global GHG emissions. Agricultural exports in Asia-Pacific account for 18% of total exports, twice as …
Global coal use is set to rise by 1.2% in 2022, surpassing 8 billion tonnes in a single year for the first time and eclipsing the previous record set in 2013, according to this report by the International Energy Agency (IEA). Coal sits in the centre of climate and energy …
Climate change is having a profound impact on people’s lives across the world. Mitigating and adapting to climate change will require major economic investment and coordinated action to transition to a sustainable, low-carbon economy. The 2022 World Trade Report explores the complex interlinkages between climate change and international trade and …
This report focuses on carbon pricing as one policy strand used to tackle global GHG emissions. It gives an overview of implemented and forthcoming domestic and cross-border carbon pricing mechanisms, as well as their implications for GHG emissions, international trade and development. It lays out the characteristics of various approaches, …
This report makes an attempt to comprehend various challenges in trade, investment and battery waste management of EVs in India and identifies diverse solutions to aid India’s EV transition. This summary captures, in brief, the major findings of the larger study aimed towards policy makers, and technology enablers. It discusses …
The Trade and Development Report 2022 warns that monetary and fiscal policy moves in advanced economies risk pushing the world towards global recession and prolonged stagnation, inflicting worse damage than the financial crisis in 2008 and the COVID-19 shock in 2020. According to the report, rapid interest rate increases and …
The 2022 Africa Agriculture Trade Monitor, a flagship publication of AKADEMIYA2063 and the International Food Policy Research Institute, provides an overview of trade in agriculture in Africa, including analysis of short- and long-term trends and drivers behind Africa’s global trade, intra-African trade, and trade within Africa’s regional economic communities. The …
This IRENA report provides an overview of the challenges and related policy measures required to scale up the deployment of key bioenergy applications. It assesses potential sustainability aspects and highlights the significance of a policy framework that includes sustainability-based target setting and long-term planning; cross-sector co-ordination for bioenergy; sustainability governance …
Order of the Karnataka High Court regarding people engaged in the business of crackers and firework items plying business in the congested areas of Bangalore city. The Director General of Police through an order, September 27, 2013 had prohibited those in the business of crackers and firework items from carrying …
Urbanization and regional trade integration are dual megatrends, and each is likely to have a powerful impact on African economies and broader economic development throughout the region. While African urbanization and African trade integration have both been extensively studied and are the subject of ongoing policy dialogue, the relationship between …
The creation of the African Continental Free Trade Area (AfCFTA) provides a unique opportunity to boost growth, cut poverty, and reduce Africa’s dependence on the boom and-bust commodity cycle. A World Bank (2020) report estimates that the AfCFTA has the potential to raise income in the continent by 7 percent …
The OECD-FAO Agricultural Outlook provides an assessment of the prospects of national, regional and global agricultural commodity markets over the coming decade. The baseline projections for production, consumption, stocks, trade and prices for cereals, oilseeds and oilseed products, roots & tubers, pulses, sugar, meat, dairy products, fish, cotton, biofuels and …
Reducing trade costs would help boost sustainable development in the agrifood sector, enhancing integration and transformation especially in low-income economies, the FAO said in this flagship report. The State of Agricultural Commodity Markets 2022 (SOCO 2022) discusses how trade policies, based on both multilateral and regional approaches, can address today’s …
Two years might not be enough to have a full understanding of all that took place due to the coronavirus disease (COVID-19) pandemic since 2020, especially as the pandemic is still not over. But it is nonetheless imperative that institutions such as ours try to find instances, such as this, …
This study investigates whether agricultural policy reforms could help cushion the impacts of climate change on agriculture by facilitating the relocation of production and international trade. The agricultural sector faces immense challenges in ensuring the provision of food, farm incomes, employment and environmental services in a changing climate. Its ability …
The global food import bill is on course to hit a new record of US$1.8 trillion this year, but higher prices and transport costs rather than volumes account for the bulk of the expected increase, according to this new report by the FAO. In view of the soaring input prices,concerns …