Economy & Trade

A Free Press Is Indispensable for Good Governance and Transparent Societies Chair of the Geneva Centre for Human Rights

On the occasion of the 2018 World Press Freedom Day commemorated on 3 May 2018, the Chairman of the Geneva Centre for Human Rights Advancement and Global Dialogue, Dr. Hanif Hassan Ali Al Qassim, highlighted the importance of promoting freedom of the press to facilitate “good governance and transparent societies.”

Mounting Debt Threatens UN’s Sustainable Development Goals

In 2015, 193 countries adopted the 17 Sustainable Development Goals (SDGs) as an overarching policy roadmap through 2030. These goals are predicated on the idea that for a sustainable future, economic growth must go hand-in-hand with social inclusion and protection of the environment.

Wider Views for More Equal Societies

Inequalities are on the rise. Since 1980, 1% of the richest people have received double income than the 50% of the poorest. After several years of decline, hunger is also on the rise. The report on the State of Food Security and Nutrition in the World estimates that the number of chronically undernourished people in the world increased from 777 million in 2015 to 815 million in 2016. If we go deeper into the analysis we observe that three-quarters of the world’s extremely poor and food-insecure people live in rural areas.

Labour Migration a Key Contributor to GDP

Nepal received remittances of NPR 699 billion (USD 6.56 billion) in FY 2016/17 and ranks fourth in the world in terms of the contribution of remittances to GDP, according to a report launched today by Ministry of Labour, Employment and Social Security, with support from IOM, the UN Migration Agency, the International Labour Organization (ILO) and The Asia Foundation.

Blending Finance Not SDG Financing Silver Bullet

After largely failing to provide 0.7 per cent of their Gross National Income (GNI) in aid to developing countries for almost half a century since making the commitment, donor countries have recently promoted blended finance (BF) as a solution to the financing for development challenge. Blending refers to combining public development funds (in the form of grants, technical assistance or interest indemnification) with loans from private lenders.

Why Does Rural Poverty Equal Invisibility?

If an estimated 500 million smallholder farmers at a conservative estimate, produce 70 percent of the food we eat, why are they still so invisible in many countries?Governments, development agencies, non-governmental organizations and the private sector have been working for decades on rural development in developing countries but still rural areas lag far behind cities and outlying areas in terms of infrastructure, services, social and economic development, notwithstanding the contribution that rural producers make to supplying us with food.

Occupational Safety Improves in Latin America, Except Among Young People

Despite progress achieved in occupational safety in Latin America, the rates of work-related accidents and diseases are still worrying, especially among young people, more vulnerable in a context of labour flexibility and unemployment.

Kenya- Overcoming Rivalry & Conflict Through Cultural Diplomacy

Cultural diplomacy is a soft power that promotes the exchange of ideas, information, art, and culture to strengthen friendship and cooperation among nations and communities.

Revving Up Green Growth

While sustainable development may still seem elusive to some, a new initiative wants to pave a path for nations working towards a greener future.Partnering for Green Growth and the Global Goals 2030, or P4G, is a new partnership initiative that aims to boost countries’ efforts in achieving the globally adopted Sustainable Development Goals (SDGs).

Five Years After the Disaster: Rana Plaza Victims Still Hurting

BANGLADESH. Garment factories lie side by side along the freeway leading into the capital, Dhaka. But between the concrete blocks, a square, uninhabited piece of land is overgrown with greenery. This is where Rana Plaza used to be. Shirin Akhter, 18, turns her eyes away.

Development Prospects for Hundreds of Millions Remain in Jeopardy

The global economy is strengthening. A broad-based economic upturn has underpinned progress in many areas.But significant weaknesses and medium-term risks in the world economy continue to challenge our efforts. As a result, the development prospects of hundreds of millions of people remain in jeopardy.

Illicit Trade in Oil & Fuel: an Emerging Global Policy Challenge

Illicit trade in any of its forms—alcohol, tobacco, pharmaceuticals, diamonds, timber, ivory and oil—sits at the nexus of two social-economic disorders that challenge global stability.

Can Sustainable Bioeconomy be a Driver of Green Growth?

On April 19-20, I attended the second Global Bioeconomy Summit in Berlin. Bioeconomy is currently a hot topic for scientists and policymakers. Rapid advances in molecular biology combined with big data and artificial intelligence have resulted in big jumps in our understanding of living organisms as well as organic matter, the biomass produced by plants and animals, at the level of their DNA. That has gone hand in hand with technologies that allow scientists and industry to manipulate, easily, everything from enzymes to bacteria to plants and animals.

From Mega to Micro, a Transition that Will Democratise Energy in Brazil

An energy transition is spreading around the globe. But in Brazil it will be characterised by sharp contrasts, with large hydroelectric plants being replaced by solar microgenerators and government decisions being replaced by family and community decision-making.

Over to You, Children! Zambia’s ‘Plant a Million Trees’ Takes Root

Trees are a vital component in the ecosystem—they not only give oxygen, store carbon, stabilise the soil and give refuge to wildlife, but also provide materials for tools, shelter and ultimately, food for both animals and human beings.

India Pledges $50 Million More to UN Partnership Fund

At a time when funding for UN agencies is on the decline – and also threatened with cuts by the Trump administration—the Indian government has made an additional contribution of $50 million to development funding.

We Are Migrants: Teasing Italian Taste Buds

Atik and Said have many things in common. They are both from Bangladesh, both are about the same age, in their thirties and, they are both migrant workers in an Italian restaurant in the heart of Rome, a stone’s throw from Saint Peter’s Basilica. They are not the only migrants working in the food service industry in Italy, where most of the pizza makers today are Egyptians and most of the Chefs are either Bangladeshis or North Africans. This is an interesting phenomenon in a country known for its cuisine where many of the Chefs today are not locals but foreigners.

Dreaming of A New Sustainable Economy

Officials from around the world came together to create and support a vision for a new, sustainable economy: a bioeconomy.Almost 1000 bioeconomy experts, from former heads of state to civil society leaders, convened in Berlin for the second Global BIoeconomy Summit to discuss best practices and challenges.

FAO and El País Launch Series of Books on “The State of the Planet”

Today the Food and Agriculture Organization (FAO) hosted an event at its headquarters in Rome, to present a set of eleven books jointly realized in collaboration with the Spanish newspaper El País.

Improving Our Anti-money Laundering Operations Will Help Prevent Great-Power War

Interest is growing in illicit finance because great-power competition is playing out in boardrooms, stock markets, trade wars, and compliance departments. The US anti-money laundering (AML) regime needs an update that enhances national security and sets an example for the rest of the world.

Latin America Faces Uphill Energy Transition

Latin America is facing challenges in energy efficiency, transportation and power generation to move towards a low carbon economy and thus accelerate that transition, which is essential to cut emissions in order to reduce global warming before it reaches a critical level.

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