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Economic Development

Children plant flowers in a playground in N’Djamena, Chad as part of an education project.
© UNICEF/ Frank Dejongh

What is financing for development?

According to the United Nations, the world needs an extra $4 trillion every year to tackle some of the world’s biggest challenges – ending poverty and hunger, fighting climate change, and reducing inequality. 

Co-hosted by France and Costa Rica, UNOC3 brought 15,000 participants, including more than 60 Heads of State and Government, to France’s Mediterranean coast, in Nice.
© Taryn Schulz

UN ocean summit in Nice closes with wave of commitments

Ships in the port of Nice sounded their fog-horns on Friday, a brassy crescendo to a rare moment of global unity as the Third UN Ocean Conference drew to a close. Moments earlier, more than 170 countries had adopted by consensus a sweeping political declaration promising urgent action to protect the ocean.

Fishermen in Grenada.
PROCARIBE+ project

‘No Ocean Declaration without small islands’: Delegates push for inclusion as UN summit nears end

With one day remaining before the conclusion of the Third UN Ocean Conference, delegates in Nice are preparing for the adoption of the summit’s eagerly anticipated political declaration. Small island developing States, facing the direct effects of climate change and marine resource decline, are pushing to ensure their perspectives are reflected in global ocean policy.

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