UNCTAD

A global tax platform is vital for addressing financial challenges, expanding fiscal space, and enabling developing countries to invest independently by tackling tax avoidance and illicit financial flows.

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UNCTAD's Weekly Tradecast looks at trade, industrial policy and the role of the private sector in promoting the interests of developing countries with special guest John Denton, Secretary General of the International Chamber of Commerce (ICC).

With a cascade of crises hitting the global economy, UN Trade and Development convened government leaders, top economists and other experts in Geneva earlier this year to chart a new course for development in a changing world.

For a deeper look at the forum and how the private sector can support inclusive development, listen to global business leader and advisor John Denton from the ICC.

Service exports, representing 25% of global trade, grew by 5% in 2023, outpacing the contraction in merchandise trade and gaining traction as a development strategy.

A UN Trade and Development report highlights the rising global hunger crisis, urging urgent action and emphasizing how trade can stabilize food systems and reduce vulnerabilities.

Urgent action is needed to decouple economic growth from CO2 emissions, ensuring a sustainable future for all.

The new climate finance goal, set to be finalized at COP29, aims to significantly increase funding for developing countries' climate efforts while improving transparency and accessibility.

The Least Developed Countries Report 2024 emphasizes how carbon markets can support LDCs' development and climate goals, despite challenges like limited influence and infrastructure.

Low growth, high debt, and fragmented trade are widening economic divides, urging the need for new development policies to promote sustainable growth.

Tanzanian entrepreneur Nicholaus Noah successfully addressed new non-tariff barriers in Ghana through the new mobile app by African Continental Free Trade Area (AfCFTA), leading to policy reversal and smoother trade for his sisal exports.

The world is facing an unprecedented development crisis: the debt crisis. UNCTAD warns that the global public debt has more than doubled from $51 trillion in 2010 and could exceed $100 trillion by 2024. Developing countries owe almost a third of this debt, and their debt is growing twice as fast as that of developed nations. 

destruction in Gaza

UN Trade and Development (UNCTAD) has released a comprehensive report detailing the profound economic destruction that has gripped the Occupied Palestinian Territory in the aftermath of the Israeli military operation in Gaza.

UNCTAD's new "A World of Debt Dashboard" reveals the global debt crisis, providing critical data on how rising debt and interest payments are straining budgets and impacting development.

Iraqi Port of Basra's waterfront crowded with people and infrastructure.

In October 2023, Iraq launched software to digitize customs clearance processes, reduce fraud risks, and ease cross-border trade. The digital tool allows traders to complete all paperwork online.

fishing boat in port

Global trade in marine fisheries and aquaculture offers big opportunities for sustainable and inclusive economic growth while advancing key Sustainable Development Goals (SDGs).

The SDG Pulse 2024 report reveals mixed progress towards the Sustainable Development Goals, emphasizing the urgent need for data-informed actions to address disparities and accelerate global development efforts.