Africa Free Trade Area, likely spur for growth and development

With productivity-boosting measures, the African Continental Free Trade Area (AfCFTA) agreement could reduce poverty and inequality while spurring sustainable and inclusive growth, according to a report launched on Wednesday by the UN trade and development body, UNCTAD.

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Trade pact could boost Africa’s income by as much as $450 billion: World Bank

27 Jul 2020

The African Continental Free Trade Area represents a major opportunity for countries to boost growth, reduce poverty, broaden economic inclusion and help “expand opportunities for all Africans”, hailed a World Bank official on Monday, which if fully implemented, could boost regional income by around $450 billion.

Arrested development and poverty take a $57 billion economic toll in Palestine

24 Nov 2021

Following Israeli closures, restrictions and military operations, the West Bank has suffered two decades of arrested development and poverty, according to a report published on Wednesday by the UN trade and development body, UNCTAD.

Carbon markets could boost climate action in least developed countries

04 Nov 2024

While carbon markets have played a limited role in boosting sustainable development for the world’s least developed economies, a new report from UN Trade and Development (UNCTAD) shows that stronger domestic laws, regulations, and monitoring could pay big dividends.