Amid growing food and energy crises stoked by Russia’s full-scale invasion of Ukraine, an uncertain global economic outlook, and the escalating impacts of climate change, the 2023 Financing for Sustainable Development Report: Financing Sustainable Transformations, says that “urgent, massive investment” is needed to accelerate positive transformation of the electricity supply industry, farming, transportation and...
The development accompanied the renewal of the Black Sea Grain Initiative, which had been due to expire on Saturday. “We are really very pleased on the extension of the Black Sea Grain Initiative,” said UNCTAD Secretary-General Rebeca Grynspan. “It’s very good news for the world, for the food insecurity crisis that we...