Without adequate governance, access, and capacities, the rapid expansion of AI risks exacerbating existing digital divides and widening productivity gaps across and within countries, were some of the key @UNCTAD's messages to UNGA's 2nd Committee on ICT for development.
On external debt sustainability, higher-for-longer interest rates and structural shortcomings of domestic borrowing (such as a cost premium, shorter horizons and the crowding out of private credit) limit fiscal space and constrain the ability to use debt as a tool for development
It was an honour for @UNCTADNewYork to have supported, together with the wider @UNCTAD team, the efforts of the Working Group throughout the last few months under the lead of Egypt and Pakistan. We look forward to continue supporting the Borrowers' Platform as its secretariat.
In an excellent meeting with the Chair of the Group of 77, Dr. Obaid of @iraq_un I emphasized the need to enhance fiscal space for the achievement of the SDGs. We discussed @UNCTAD@UNCTADNewYork support to developing countries and the preparatory process for FFD4 and UNCTAD16.
Amazing discussion at High-Level Dialogue on the role of the private sector in Baku Initiative for Climate Finance, Investment, and Trade (BICFIT), hosted by High Level Champion, @ArpadaraiNigar, COP29 Action Agenda team & @NizamiGanjaviIC#COP29#COP29Azerbaijan#ClimateWeekNYC
I would like to warmly welcome the newest member of the @UNCTADNewYork team, Dobrina Poirier @PoirierDob
Dobrina joins @UNCTAD today from @ECA_OFFICIAL and brings a wealth of experience on development issues, finance, and digitalization.
850+ delegates are in Addis Ababa to review progress & pave the way for #FfD4. https://t.co/YEVg3Dd0Gt
The #GlobalGoals offer the only viable path out of relentless crises, but there's a $4 trillion financial gap.
Here's what we need to bridge this gap: https://t.co/0ucDfkzbTO
It was an honour to serve in the LLS Advisory Board of the PGA and contribute UNCTAD's perspectives and expertise to the unique and complex work of the PGA.
I was pleased to convene the final meeting of the LLS Advisory Board today for the 78th Session.
Appreciate the comprehensive dialogue on how to best support LDCs, LLDCs, and SIDS on their path to sustainable development, including through the High-Level Political Forum and the upcoming Summit of the Future, amongst other events.
Thanks to all the Board members for their valuable contributions throughout the session.
Proud to present @UN Trade and Development’s Digital Economy Report 2024: an innovative and insightful look at the environmental impact of the global digital economy.
👇🏻
Honored to be part of a brilliant, high-level panel on gender equality and financial reform. Developing countries need the fiscal space to duly invest in the SDGs, of which gender equality is of the most synergetic and cost-effective uses. IFA reform & SDG stimulus are central.
Investing in women is fundamentally a human rights issue.
Yet, our profit-driven global economy too often leaves women behind.
I welcomed the engaging dialogue led by @UN_PGA & @GWLvoices at #CSW68 on reimagining a gender-inclusive financial architecture.
Three pathways to empower women through trade, break barries & transform subsistence into value chain participation: 1. production linkages between countries, 2. value addition and 3. clustering and networking, key message at @UNCTAD#68scw side event together with @indonesiaunny
Some of today’s economic policies, at both national and global levels, constitute a war on the poor – and on their human rights.
The global financial architecture must be reformed to provide long-term, low-cost financing and an effective safety net for all countries in need.
The 2024 Global Supply Chain Forum is an imperative opportunity, with
PM Mottley as UNCTAD President, to have international focus on SIDs. Register and have your voice counted May 21-24 in Bdos on Food Security, Climate Crisis, Shipping Costs
https://t.co/gTDYVXjadK
The recording of our briefing on the Global Supply Chain Forum with and especially for Small Island Developing States is now available here
https://t.co/xN3YM0kPst
This year marks the 60th anniversary of both @UNCTAD and #G77 and China.
Much has changed in six decades but our shared history and commitment to development remains an abiding hope that a better future is possible for all.
#G77ChinaSummitUg24
@UNCTAD honored to have directly supported the negotiation of 7 of #UNGA78 2nd Cttee resolutions adopted this week, achieving valuable consensus on key development issues on international trade, external debt sustainability, commodities, ICT, STI, creative economy and investment.
Today @UNCTAD Trade & Development Board, SG @RGrynspan highlighted upcoming #SIDS strategy as a multi-pillar product that responds to request of small states & calls funders to support the SIDS Trust Fund. #Barbados & other SIDS are delighted to see UNCTAD respond to our request