Economic Development

A sustainable future for all depends on ‘resolve to act together in solidarity’

The United Nations vision for a sustainable future for all “will depend on our policy choices today, and our resolve to act together in solidarity”, a senior UN official told delegates on Monday at a meeting to discuss post-pandemic recovery.

Business sector still far from reaching sustainability goals, UN report shows, 20 years on from landmark summit

A new UN report on tbe private sector, released by UN Global Compact, shows that progress on bringing about a sustainable future for people and the planet is patchy, and the majority of companies involved in the Compact, are not doing enough to help bring about the UN’s 2030 Agenda for Sustainable Development.

Helping youth enterprise take off, will bring sustainable returns, say UN economists

Young entrepreneurs who want their work to have a positive impact on their communities, urgently need more help from governments if they’re to succeed and resist the COVID-19-fuelled economic downturn, UN economists said on Thursday.

'Bold and creative’ solutions needed for a sustainable, post-pandemic economy

Unless the world acts now, the COVID-19 pandemic and accompanying global recession, will trigger “years of depressed and disrupted economic growth”, the UN chief warned on Wednesday. 
 

Impacts of COVID-19 disproportionately affect poor and vulnerable: UN chief

Addressing poverty eradication on Tuesday in front of the General Assembly, UN chief António Guterres warned that the impacts of the COVID-19 pandemic are falling “disproportionately on the most vulnerable: people living in poverty, the working poor, women and children, persons with disabilities, and other marginalized groups”.

Hard times forecast for global job recovery in 2020, warns UN labour agency chief

The impact of the COVID-19 crisis on jobs has been much worse than expected initially, the head of the UN labour agency said on Tuesday, in an appeal to Governments, workers and employers, to agree on a sustainable economic recovery plan to reduce inequalities laid bare by the pandemic.

Water cooperation between States ‘key’ to  Blue Nile dam project

The Blue Nile is “critical for the livelihoods and development” of Egyptians, Ethiopians and Sudanese, the top UN official for Political and Peacebuilding Affairs told the Security Council on Monday, urging those States to reach a construction agreement on the Grand Ethiopian Renaissance Dam (GERD).

UN highlights urgent need to tackle impact of likely electric car battery production boom

Demand for raw materials used in the production of electric car batteries is set to soar, prompting the UN trade body, UNCTAD, to call for the social and environmental impacts of the extraction of raw materials, which include human rights abuses, to be urgently addressed.

What will power the post-pandemic global economic recovery?

As governments try to kick-start their economies, the UN is calling for recovery plans to be built around low-carbon technologies, to avoid a return to fossil fuel-based "business as usual".

$1.8 billion pledged to assist Sudan’s people on the road to peace and democracy

A High-Level Sudan Partnership Conference took place on Thursday gathering some 50 countries and international organizations together in Berlin, generating pledges to bolster the African nation’s economic and political transformation to the tune of $1.8 billion, and discuss the challenges that lie ahead.