However, concerns loom for 2025, where the risks include escalating trade wars, geopolitical tensions and shifting policies, clouding the outlook. According to the UN trade and development body (UNCTAD)’s Global Trade Update, the projected figure for this year marks a $1 trillion increase over 2023, driven by robust 3.3 per...
Business leaders have been meeting at the UN Convention to Combat Desertification (UNCCD) conference being held in Riyadh, Saudi Arabia, which is focusing on drought, land degradation and restoration issues. According to the UN, droughts have surged by nearly 30 per cent in frequency and intensity since 2000, threatening agriculture...
The biannual report, which focuses on developments affecting global food and animal feed markets, highlights that higher costs for cocoa, coffee, and tea are driving the increase, while disparities in import bills persist across income levels. Cocoa prices have soared nearly four times their ten-year average earlier this year, coffee prices...
The State of Food and Agriculture (SOFA) report confirmed that hidden costs of getting food from farm to table amount to approximately $12 trillion annually. Of this number, roughly 70 per cent – $8 trillion – arises from unhealthy dietary patterns and are linked to NCDs, which far exceeds the...
The report from the UN’s environmental wing, UNEP, also revealed that despite decades of calls for ending finance flows towards sectors that harm some of humanity’s most valuable assets, those investments currently account for a whopping 7 percent of global GDP. Saturday’s report launch comes as negotiations on the conference’s...
According to a new UNCTAD report, developing countries actually face a staggering $4 trillion gap in sustainable development investments. UNCTAD Secretary-General Rebeca Grynspan said that a “significant increase” in material support for renewable energy in developing countries is “crucial” for the world to reach its climate goals by 2030. Poorer countries...
Over one third of the world’s working women are employed in agrifood systems, which include the production of food and non-food agricultural products, as well as related activities from food storage, transportation and processing to distribution. But in a new report, FAO says that gender inequalities such as less access...