Seven years after being on the verge of a financial collapse, Greece is now seeing better times. Its economic accounts have clearly improved but what is not under the spotlight is how the Greek people are still paying for the effects of the crisis.
As in other Latin American countries, in recent years China has been a strong investor in Argentina. The environmental impact and economic benefits of this phenomenon, however, are a subject of discussion among local stakeholders.
Buenos Aires is a charming city; rich with history, magnificent architecture, and a soul and music that can pull you to tango in a heartbeat.
Many factors contribute to the cost of a tomato. For example, what inputs were used (water, soil, fertilizer, pesticides, as well as machinery and/or labor) to grow it? What kind of energy and materials were used to process and package it? Or how much did transportation cost to get it to the shelf?
In April 2018, Commonwealth leaders met in a retreat at a royal residence in the English county of Berkshire and agreed on strategies to deepen trade in their 53-member organisation, improve security, tackle climate change, and work together for the betterment of the lives of the people of the Commonwealth.
Africa is rising. But at the same time, Africa is the continent with the largest number of people, (390 million) living in extreme poverty
A disquieting finding of The State of Food Security and Nutrition in the World 2017, Building resilience for peace and food security, or (SFSN2017), Rome, is that, in 2016, the number of chronically undernourished people in the world increased to 815 million, up from777 million in 2015 although still lower than about 900 million in 2000. Similarly, while the prevalence of undernourishment rose to 11 percent in 2016, this is still well below thelevel attaineda decade ago. Whether this recent rise inhunger and food-insecurity levels signals thebeginning of an upward trend, or whether itreflects an acute transient situation calls for a close scrutiny.
Climate finance has never been more urgently needed, with massive investments in climate action required to meet the goals of the Paris Agreement and avoid the devastating effects of a warmer planet.
With the landmark Paris Agreement now almost two years old, funding for climate-related activities continues to be a challenge. However, efforts have been underway to bring two seemingly very different sectors together to address climate change.
According to the latest report
by the Stockholm International Peace Research Institute (SIPRI)
, in total, countries around the world spent $ 1.739 billion
on arms in 2017. Although there was a marginal increase of 1.1 percent rise in real terms on 2016, the total global spending in 2017 is the highest since the end of the cold war.
Agriculture is critical for achieving the Sustainable Development Goals (SDGs). As the Food and Agriculture Organization (FAO
) notes, ‘From ending poverty and hunger to responding to climate change and sustaining our natural resources, food and agriculture lies at the heart of the 2030 Agenda.’
Inequality is increasing in Asia and the Pacific. Our region’s remarkable economic success story belies a widening gap between rich and poor. A gap that’s trapping people in poverty and, if not tackled urgently, could thwart our ambition to achieve sustainable development. This is the central challenge heads of state and government will be considering this week at the Economic and Social Commission for Asia and the Pacific (ESCAP). A strengthened regional approach to more sustainable, inclusive growth must be this Commission’s outcome.
The end of the oil age
In the early 1970’s the United Arab Emirates (UAE) was an impoverished desert, with little access to food, water and well-paying jobs. Today, this country looks nothing like it was fifty years ago. Thanks to oil, the UAE has completely transformed and now is one of the most developed economies in the Middle East, if not the world: its per capita GDP is equal to those of highly developed European nations ($68,000 - 2017 est.).
Many believe that the food and agricultural sector is different to all other economic sectors, that it is unique, and that it requires special economic models to thrive. After all, we expect the global food and agricultural system to respond to many different goals. It needs to deliver abundant, safe, and nutritious food. It needs to create employment in rural areas while protecting forests and wildlife, improving landscapes, and preventing climate change through lower food production emissions. Well-functioning food systems are also considered essential for social stability and conflict prevention. In fact many politicians today go as far as to argue that food systems need to thrive so as to stem rural-to-urban migration and the cross-border flow of desperate people fleeing food insecure nations.
IPS caught up with Dr. Frank Rijsberman, director-general of the Global Green Growth Institute (GGGI), at the end of the flagship side event of the GGGI during the 51st
Annual Meeting of the Asian Development Bank (ADB) in Manila on May 4, 2018, which featured the Belt and Road Initiative (BRI) and its potential to create sustainable infrastructure and promote green growth pathways.
There is growing recognition that regional cooperation is a crucial driver of growth. We should now also recognize if regional trade networks are to yield the intended benefit of inclusive growth, then there needs to be a strategic vehicle for development that can be scaled.
Asia and the Pacific remains the engine of the global economy. It continues to power trade, investment and jobs the world over. Two thirds of the region’s economies grew faster in 2017 than the previous year and the trend is expected to continue in 2018. The region’s challenge is now to ensure this growth is robust, sustainable and mobilised to provide more financing for development. It is certainly an opportunity to accelerate progress towards achieving the 2030 Agenda for Sustainable Development.
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.
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.
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).
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.