Economy & Trade

This Year’s Three UN Summits Set the Stage for COP30 to Transform Food Systems

This year has been a landmark one for climate and environment policy. Starting with the UN’s COP16 biodiversity talks in October, followed by the COP29 climate talks in November, and closing with the desertification COP16 in December, few years have offered such critical moments back-to-back.

Civil Society Trends for 2025: Nine Global Challenges, One Reason for Hope

It's been a tumultuous year, and a tough one for struggles for human rights. Civil society’s work to seek social justice and hold the powerful to account has been tested at every turn. Civil society has kept holding the line, resisting power grabs and regressive legislation, calling out injustice and claiming some victories, often at great cost. And things aren’t about to get any easier, as key challenges identified in 2024 are likely to intensify in 2025.

Innovative Financing to Unlock Africa’s Blue Economy

Securing new financing for global good has become more challenging than ever. Negotiations at the recently-concluded COP16 on Nature and Biodiversity failed to reach an agreement on establishing a fund to support the implementation of the Framework for Nature agreed in 2022 under the Montreal-Kunming agreement.

‘It’s Very Tough’: Turning Youth Employment Dreams Into Reality

It’s a bright winter day in Skopje, the capital of North Macedonia in the southern Balkans. By lunchtime, the cafes are full. The atmosphere is busy and social, and it is not difficult to see why the city, home to one-third of the country’s population of 2 million, is the focus of hope for young jobseekers. But, for many, it is not an easy road.

U.S. Wins Controversial Ruling in GM Corn Dispute with Mexico

A tribunal of trade arbitrators has ruled in favor of the United States in its complaint that Mexico’s restrictions on genetically modified corn violate the terms of the U.S.-Mexico-Canada trade agreement (USMCA). The long-awaited ruling in the 16-month trade dispute is unlikely to settle the questions raised by Mexico about the safety of consuming GM corn and its associated herbicide.

Maya Train: Still Waiting to Become Promised Engine of Development – VIDEO

When he promoted the Maya Train (TM) in 2019, then-President Andrés Manuel López Obrador, who ruled Mexico between 2018 and October this year, stated that the railway line would be an engine of development for the southeastern Yucatan peninsula.

Targeting Transformative Disaster Risk Reduction in Asia-Pacific Subregions

In December 2024, Vanuatu experienced yet another harrowing reminder of its vulnerability to disasters—a powerful 7.4 magnitude earthquake struck the Pacific nation’s capital, Port Vila, leaving 14 dead, over 200 injured, and thousands more affected.

South Korea’s Democracy Defended

Democracy is alive and well in South Korea. When President Yoon Suk Yeol tried to impose martial law, the public and parliamentarians united to defend it. Now Yoon must face justice for his power grab.

2024 Is The Hottest Year Ever Recorded

The World Meteorological Organization (WMO) warns that 2024 is on track to be the hottest year in recorded history, surpassing 2023. This can be attributed to heightened reliance on fossil fuels and the reluctance of industries worldwide to pivot to green energy practices. The rapid acceleration of global temperatures has alarmed scientists, with many expressing concern over the environmental, economic, and social implications of the worsening climate crisis.

Museum of Modern Art Set to Launch in Cotonou, Showcase Beninese Artists

Construction of the new Museum of Modern Art is underway in Cotonou, Benin’s largest city. The museum, along with three others being built throughout the country, are part of the Beninese government’s extensive plan to ramp up the nation’s tourism industry and preserve its culture. It is expected to open at the end of 2026.

Why is It So Hard to Change? Insights from the 2024 Human Development Report on Chile

As many middle-income countries in the world, Chile finds itself at a critical juncture. The country has made significant progress over the past decades in terms of economic growth and poverty reduction, yet many structural challenges remain.

Transformative Change Will Save a Planet in Peril—IPBES

Nature is at a tipping point. With human activity having pushed up to 1 million plant and animal species close to extinction, securing sustainable development and halting global biodiversity collapse is no longer just an option but a requisite for human wellbeing.

Why Funders Must Step Up Financing for Development in 2025

As the global community races to close the staggering $4.2 trillion financing gap needed to achieve the Sustainable Development Goals (SDGs), the Fourth International Conference on Financing for Development (FfD4) emerges as a crucial juncture.

African Public Transport Struggles To Match Urban Growth

As the population in African cities grows, governments are struggling to provide sustainable public transport solutions, conditions that have led to gridlock in major business districts.

Interlinked Solutions Key to Tackling Biodiversity, Water, Food, Health and Climate Change, says IPBES

Biological diversity is on the decline worldwide, and current approaches to address its loss have been piecemeal and ineffective in tackling the crisis facing nature—this is despite estimates that over half of global GDP (USD 58 trillion of economic activity in 2023) is generated in sectors that are moderately to highly dependent on nature, a new report by the Intergovernmental Platform on Biodiversity and Ecosystem Services (IPBES) finds.

New Geopolitics Worse for Global South

The new geopolitics after the first Cold War undermines peace, sustainability, and human development. Hegemonic priorities continue to threaten humanity’s well-being and prospects for progress.

Bangladesh in Crisis: Which way out?

This piece is not about the crisis or the chaos that the country is now facing after successfully toppling the autocratic regime of Sheikh Hasina. Rather, it is about the crisis of confidence and social capital or trust — interlinked, nonetheless.

How an African Bioeconomy Can Strengthen Agrifood Systems in the Context of a Changing Climate

From increased pests and diseases to lower crop yields and extreme weather events, the adverse impacts of climate change on agriculture in Africa cannot be overstated.

Intra-Regional Relations the Key To Sustainable Development in the Horn of Africa

The Horn of Africa holds the resources and potential for lasting development and resilience. The countries in the subregion and development partners need to come together to invest in regional cooperation and resource management.

‘We Will Not Go Quietly Into the Rising Sea,’ Tuvalu Tells International Court of Justice

Rising sea level caused by greenhouse gas emission-fueled climate change is threatening existence in coastal communities and island nations. At the International Court of Justice (ICJ), on Thursday, December 12, 2024, small island states, including Tuvalu and a Pacific-based fisheries agency detailed their ongoing existential threats caused by the climate change-induced sea level rise and impacts on fishery-based livelihood.

New Law in Cuba Makes Investing in Renewable Energy Sources Mandatory

With Decree 110, published on 26 November, Cuba made it mandatory for major consumers, whether they are state or private entities, to invest in the use of renewable energy sources, while the energy crisis facing the country worsens.

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