Economy & Trade

Chronicle of a Catastrophe Foretold

The IMF warns of a decade ahead of ‘tepid growth’ and ‘popular discontent’, with the poorest economies worst off. But as with inaction on Gaza, little is being done multilaterally to avert the imminent catastrophe.

Ocean Action on Global Agenda as Negotiations to Save Biodiversity Deepen

The oceans are as fascinating as they are mysterious. Home to the largest animals to ever live on Earth and billions of the tiniest, the top 100 meters of the open oceans host the majority of sea life, such as fish, turtles, and marine mammals. But there is another world far below the surface. In the belly of the ocean, there are seamounts—underwater mountains that rise 1,000 meters or more from the seafloor.

Biodiversity Masterplan: Negotiations on Crucial Science, Technology for Implementation Underway

The triple planetary crises of climate change, biodiversity loss, pollution, and waste are escalating. At the current pace, the world is on track to lose one quarter of all plant and animal species by 2030, with one species already dying out every 10 minutes. One million species face extinction. Human activity has already altered three-quarters of the land on Earth and two-thirds of the ocean.

South Africa will be President of G20 in 2025: Two much-needed Reforms it Should Drive

South Africa will play an important international role in 2025 as president of the G20. The G20 is a group of 19 countries as well as the African Union and the European Union. Between them they represent 85% of global economy, 75% of world trade and 67% of global population. The G20 defines itself as the premier multilateral forum for international economic cooperation.

The Bleak déjà vu in Darfur

As dawn breaks over Darfur, my return after two decades feels heavy. Many millions are suffering once again. Twenty years ago, I was part of the humanitarian effort to make a difference. That was in the early 2000s, when celebrities and world-famous journalists would make the trek in a well-intentioned effort to focus attention on the atrocities across Darfur.

Trade Liberalisation Kicked Away African Development Ladder

Africans have long been promised trade liberalisation would accelerate growth and structural transformation. Instead, it has cut its modest production capacities, industry and food security.

How do Taxes Drive the Sustainable Development Goals?

Tax revenue remains the most sustainable source of income for governments and plays a crucial role in financing the Sustainable Development Goals (SDGs). It diminishes the need for international assistance and contributes to the repayment of burdensome debt, ultimately strengthening a country’s ability to withstand external shocks.

Rainy Chiloé, in Southern Chile, Faces Drinking Water Crisis

The drinking water supply in the southern island of Chiloé, one of Chile's rainiest areas, is threatened by damage to its peatlands, affected by sales of peat and by a series of electricity projects, especially wind farms.

We Should Aim to be at Peace with Nature, Says David Cooper of UN Convention on Biological Diversity

In a world faced with habitat loss and species extinction, climate change, and pollution, it’s crucial that countries develop their national action plans and create a society that lives in harmony with nature, says David Cooper, Acting Executive Secretary of the UN Convention on Biological Diversity (CBD), in an exclusive interview with IPS.

Using Industrial Waste to Fight Pollution in Brazil

Biogas sounds like redemption, the conversion of the sinner. Its production involves extracting energy from filth, from the most disgusting environmental pollution, and at the same time avoiding the worsening of the global climate crisis.

Latin America’s Shifting Demographics Could Undercut Growth

Latin America’s workforce grew by nearly 50 percent in the two decades before the pandemic, helping boost economic growth. Now demographic trends are turning, and likely to weigh on growth in the coming years.

Cuban Family Harnesses Biogas and Promotes its Benefits

Just to obtain a good fertilizer it was worth building a biodigester, says Cuban farmer Alexis García, who proudly shows the vegetables in his family's garden, as well as the wide variety of fruit trees that have benefited from biol, the end product of biogas technology.

Niger’s Military Coup Triggers Child Marriages, Sex Work in Neighboring Countries

A group of young girls aged between 15 and 17 sit tight, following attentively a lesson being taught by a Mualim (Islamic teacher) in a makeshift madrassah (Qur’anic school) located in one of the impoverished townships of Benin’s economic capital, Cotonou. They arrived in Benin recently, fleeing poverty, hunger, climate change, and rising insecurity in their home country, Niger, in the aftermath of the military coup that toppled democratically-elected president Mohamed Bazoum.

Harnessing Science-Policy Collaboration: The Vital Role of IPBES Stakeholders in Achieving Global Nature Targets

In December 2022, the fifteenth meeting of the Conference of the Parties to the Convention on Biological Diversity (CBD) saw governments worldwide unite behind a set of ambitious targets aimed at addressing biodiversity loss and restoring natural ecosystems, through the Global Biodiversity Framework – known now as the Biodiversity Plan.

Small Island States Fostering Effective Energy Transition To Achieve a Blue Economy

Small Island Developing States (SIDS), a distinct group of 39 states and 18 associate members, are making efforts to promote the blue economy as they possess enormous potential for renewable energy relying on the sea. Experts predict that switching to renewables will help SIDS countries decarbonize power generation as an appropriate option for islands to cut their carbon dioxide (CO2) emissions, fulfill Paris Agreement pledges and contribute to the global fight against climate change.

Rich Nation Hypocrisy Accelerating Global Heating

Rich nations’ climate hypocrisy is accelerating global heating, pushing the planet closer to irreversible catastrophe, with its worst consequences borne by the poorest, both countries and peoples.

UN Live’s CEO Katja Iversen Talks About the Power of Popular Culture and ‘Sounds Right’

UN Live’s CEO, Katja Iversen, says the way to engage people in the environment is through popular culture—film, music, gaming, sports, food, and fashion. She is excited about the Sounds Right project, which puts the sounds of nature—bird songs, waves, wind, and rainfall—at the center of a campaign to support those involved in climate action.

Making the Global Financial Architecture Work for Emerging Markets and Developing Countries (EMDEs)

The world is facing multiple crises that must be tackled quickly, with innovative approaches and brave decisions. The global financial architecture is an area that needs reform and thinking outside the box. The system created 80 years ago is not able to deal with today’s problems that range from climate change to pandemics, to increasing inequality, to conflict and fragility, to food insecurity and poverty.

The Summit of the Future Is a Rare Chance to Fix a Broken System: Civil Society Must Be Included

Today, the spectre of a major regional conflict, and even a possible nuclear conflagration, looms large in the Middle East. Despite stark warnings issued by the UN Secretary-General, António Guterres, the multilateral system is struggling to resolve the very challenges it was supposed to address: conflict, impoverishment and oppression. In a deeply divided world, this September’s Summit of the Future offers a rare chance to fix international cooperation and make good on gaps in global governance.

Fine, Sanctions, or Waiver: Iranian Gas Will Come at a Price for Pakistan

When Iranian President Ebrahim Raisi visits Pakistan this week (April 22, 2024), experts say the two issues topmost on his mind that he will want to discuss with his Pakistani counterpart, President Asif Ali Zardari, will be border security and the Iran-Pakistan gas pipeline.

Portable Ginnery Could Revive Kenya’s Ailing Cotton Industry

Kirinyaga University may have just breathed new life into Kenya’s ailing cotton industry as varsity dons develop a portable cotton ginnery. For an industry that has been struggling to survive, this news came as a relief to cotton farmers, whose lives the invention is expected to change, and to a government pushing for job creation and self-reliance through manufacturing. 

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