Global foreign direct investment halved amid pandemic, but China remained resilient

27 October 2020
Economic Development
World Bank/Shynar Jetpissova

Foreign direct investment (FDI), a bellwether of globalisation and economic confidence, fell by 49 per cent to $399 billion in the first half of 2020, amid the upheaval caused by the coronavirus pandemic, a new report from the UN trade and development organization UNCTAD showed on Tuesday.  

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Unsplash/Jezael Melgoza

Climate action: UN chief encouraged by Japan’s 2050 net zero pledge 

Climate Change

UN Secretary-General António Guterres has welcomed Japan’s announcement on Monday that it would reduce carbon emissions to zero, by 2050, as part of the global effort to slow the worldwide rise in temperatures, and prevent the most damaging effects of human-made climate change. 

WMO/Cornel Vermaak

Africa climate change report reveals heat rising north and south, Sahel getting wetter

Climate Change

Africa needs to prepare better for climate change by responding to a wide range of potential risks, a multi-agency report led by the UN World Meteorological Organization (WMO) said on Monday, the first in a series of continent-by-continent assessments.

UNICEF/Pirozzi

Libya ceasefire: UN relaunches inclusive political forum, amid growing ‘sense of hope’

Peace and Security

The UN Support Mission in Libya (UNSMIL) has announced the launch of the Libyan Political Dialogue Forum, following the signing of a permanent ceasefire agreement in the strife-torn country. 

OCHA/Giles Clarke

UN shocked and outraged over horrific attack on school in Cameroon

Peace and Security

The United Nations has strongly condemned Saturday’s attack on a school in southwestern Cameroon, which claimed the lives of eight children, and wounded another twelve. 

IOM/Abdullah Al Mashrif

Science, unity and solidarity, key to defeating COVID: UN chief

Health

Better preparation, listening to the science and acting together in solidarity, are some of the main ways that countries across the world can overcome the on-going COVID-19 crisis, the UN chief told the World Health Summit on Sunday.

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