Digital transformation is under way in the Pacific and presents both opportunities and challenges for the region. Improvements in digital connectivity across the region are converging with growing opportunities for e-commerce, digital payments and digital trade.

Access to safe water and adequate sanitation is a basic human right. While progress has been made towards the achievement of the Sustainable Development Goal on water and sanitation (SDG 6), the trends and current status of access to water and sanitation provide cause for concern.

This is a challenge for food security globally, but particularly for net food-importing developing countries. And unlike in previous food crises, they now face a double burden. They not only pay higher prices for the food they import, but the price increase is exacerbated by the depreciation of their currency vis-à-vis the US dollar.

The entire shipping industry must invest urgently in sustainability if it is to withstand future shocks and help prevent another global cost-of-living crisis linked to supply chain disruption, UN trade and development experts UNCTAD said.

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.

UNCTAD has published a report International Investment in Climate Change Mitigation and Adaptation: Trends and Policy Developments, which aims to inform the debate on climate finance at COP27 and incorporates key findings from numerous sources, including the World Investment Report 2022.

As nations convene for the 27th UN Climate Conference (COP27), the UN Conference on Trade and Development (UNCTAD) has set out the actions needed to ensure global efforts towards a low-carbon future don’t leave least developed countries (LDCs) behind.

The creative economy is one of the world’s fastest-growing sectors. These industries create employment and income, promote innovation, and contribute to societies’ well-being. The creative economy offers a feasible development option to all countries and in particular to developing economies.

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.

African countries must diversify their exports to survive economic shocks from global crises such as the COVID-19 pandemic and the war in Ukraine, says the United Nations Conference on Trade and Development (UNCTAD).

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