Two thousand four hundred billion dollars: that’s the expected cost of heat stress to the global economy every year from 2030, and it’s a conservative estimate, UN work experts said on Monday. In an interview with UN News’s Daniel Johnson, Catherine Saget, from the International Labour Organization, warns that developing West African States are likely to be worst-hit, as they’re facing a five per cent drop in working hours by the end of the next decade, caused by rising temperatures.
Calling on governments to take human rights obligations into account when designing economic reforms, an independent United Nations rights expert said on Monday that “human rights impact assessments are key to the process”.
With growth of 14 per cent per year in China alone, so-called creative industries could be a “gamechanger” for emerging economies, a new report by UNCTAD suggests. In an interview with UN News, the agency’s Pamela Coke-Hamilton, explains that these countries need to put sufficient digital safeguards in place to reap the full benefits.