Economy & Trade

Blue Ocean Solutions for Climate Resilience and Accelerated Development

Seychelles’ 115 islands are an exotic ocean ecosystem of beaches, coral reefs, and unique plant and animal species. Concerned with the impacts of climate change, the country has committed to decarbonize by 2050.

Biden Should Add Development to the Next Summit for Democracy – and Convene a Development Summit

U.S. President Biden just hosted The Summit for Democracy to demonstrate the advantages of democracy in the global competition with authoritarian regimes. The U.S. can succeed in this competition by demonstrating to the people of developing countries (i.e., the vast majority of the world’s population) how coupling democracy and development is the best course to improve their lives.

CORRECTED VERSION: Vaccine Famine & its Impact on African Economies

We are about to start a third year of living with COVID-19. The world’s humanity and solidarity are now at a further test – and yet implications of the absence of solidarity keep us all in the boat of mutations, lockdowns, quarantines and delayed SDGs – denied prosperity for all. 2021 has unearthed a new expression of global inequity: “vaccine nationalism” – itself competing with high with socioeconomic downturns, jobless growth, the climate crisis, and rising poverty.

Green Gas: Energy as a By-Product of Sugarcane in Brazil

First came sugar. For four centuries, it was the main sugarcane product in Brazil. But since the 1970s sugarcane has grown and diversified as a source of energy: ethanol, electricity and biogas.

Vaccines, Diagnostics and Therapeutics as Global Public Goods

Countries in the Asia-Pacific region are trying their best to deal with the COVID-19 pandemic by rapidly rolling out vaccination programmes and putting in place public health interventions to reduce its impact. At the end of November, there were 262 million confirmed COVID-19 cases and 5.2 million deaths globally. About 60 per cent of all COVID-19 cases and half of all COVID-19 related deaths were in Asia and the Pacific. About 7.8 billion vaccines have been administered globally, and vaccine supply is generally improving.

Ecuador and the Pandora Papers: Death Threats and Impunity

In a ceremony in early October, the president of Ecuador and my opponent in the presidential elections, Guillermo Lasso, issued a warning to those "daring who seek to scrutinize" his assets. He was referring to the Pandora Papers published by the International Consortium of Investigative Journalists (ICIJ), which revealed how dozens of world leaders - including Lasso - hid billions of dollars to avoid paying taxes.

Quest for Asian Innovation & Solutions in a Networked World

The UN’s 76th anniversary in 2021 arrived at a time of great upheaval and change. If the world is to transition from COVID-19 and we are to deliver on our promises to future generations - to secure a world where everyone can thrive in peace, dignity, and equality on a healthy planet – then 2022 must be the year we change both gear and discourse.

Covid-19 Has Accelerated New Agtech Development and Adoption in Asia-Pacific!

While the COVID-19 impact has been predominantly negative, the pandemic appears to have sparked increased interest in developing agricultural technology (agtech) to improve the efficiency of food systems, from input supplies through farming and processing to delivery and retail.

In Africa, Vaccine Delayed is Development Denied, Warns UNDP Head

The 21-month-long corona virus pandemic has triggered three new phrases in the UN lexicon: “vaccine famine, vaccine apartheid and vaccine nationalism”. And the largest number of victims facing the triple threats are from developing countries, mostly in Africa, as reflected in grim statistics.

Beyond Expo: Embedding the SDGs in the DNA of Future Technology and Innovation


 

A landscape of shared global challenges The COVID-19 pandemic has moved us farther away from the Sustainable Development Goals (SDGs). Data shows that the pandemic has pushed a further 124 million people into extreme poverty. Global poverty is now expected to be at 7% by 2030 – only marginally below the level in 2015. And with the global temperature increase already at 1.2 degrees, we are on the verge of the abyss. UN Secretary-General António Guterres is deeply concerned about the impact of the pandemic on the SDGs. But there is hope. He believes in the knowledge, science, technology, and resources to turn it around. He also urges further financing for development and climate action.

Cool Scheme to Reduce Food Waste in Nigeria

Food spoilage forced smallholder farmers out of pocket and out of business – until an entrepreneur came up with a cool idea.

A New Transport Agenda to Carry Asia and the Pacific Towards Sustainable Development

Transport ministers from across Asia and the Pacific are meeting this week to consider a potentially transformational agenda for how people and goods are moved around the region and across the globe.

Greed-Driven Pandemic Still Killing Millions

Failure to vaccinate most in poor countries sustains the COVID-19 pandemic. Rich country greed and patent monopolies block developing countries from affordably making the means to protect themselves. Mutant menace The SARS-CoV-2 virus has been mutating as it replicates. Numerous replications in hundreds of millions of hosts have generated many variants. Some mutations are more resilient than others, and better able to overcome human defences.

‘Great Mining Migration’: Power-Hungry Bitcoin Leaves China

On 14 April this year, the price of a single Bitcoin reached a then all-time-high of around US$64,870. Just over a month later, the price of the world’s most popular digital currency had tumbled to $34,259.

Plastic Trash in the Ocean is a Global Problem, and the US is the Top Source

Plastic waste of all shapes and sizes permeates the world’s oceans. It shows up on beaches, in fish and even in Arctic sea ice. And a new report from the National Academies of Sciences, Engineering, and Medicine makes clear that the U.S. is a big part of the problem.

What Explains Vaccination Rates in EBRD Regions?

Officially reported deaths from Covid-19 started to rise again in autumn 2021 in a number of economies in the EBRD regions. While in advanced economies in Europe the mortality rate has remained low despite the pick-up in Covid-19 cases, in the EBRD regions the mortality and infection rates continued to move in tandem.

Omicron & Developing Countries – Where Threats are the Greatest

On 25 November, news emerged from South Africa of a new COVID-19 variant. It has since been identified as Omicron, a Greek alphabet derivation the World Health Organization (WHO) reserves for virus variants “of concern”.

Climate Change: Adapt for the Future, Not the Past

Funding for developing countries to address global warming is grossly inadequate. Very little finance is for adaptation to climate change, the urgent need of countries most adversely affected. Also, adaptation needs to be forward-looking rather than only addressing accumulated problems.

Africa Should Bargain Hard for COVID Vaccine Equity: Lessons from Indonesia during Avian Flu

Many countries around the world have punished most of the African continent for the scientific discovery of the Omicron variant through the imposition of travel bans.

Partnering with Persons with Disabilities Toward an Inclusive, Accessible and Sustainable Post-COVID-19 World

As the world observes the International Day of Persons with Disabilities today, we honour the leadership of persons with disabilities and their tireless efforts to build a more inclusive, accessible and sustainable world. At the same time, we resolve to work harder to ensure a society that is open and accommodating of all.

Building a Disability-Friendly Workplace: Why Includability Matters

In her famous speech ‘The Danger of a Single Story’, Nigerian writer Chimamanda Ngozi Adichie warns us against a singular narrative of a person—a stereotype. This, Adichie asserts, is not because stereotypes are untrue, but because they are incomplete—“They make one story become the only story.” This is true in all walks of life, including in our interactions with people with disabilities at workplaces.

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