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UNCTAD Update: Global trade’s recovery from COVID-19 crisis hits record high

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UNCTAD Update (15 to 22?May)

Our latest?news, thought leadership and events

News

This week UNCTAD's latest Global Trade Update showed that trade in goods during the first quarter of 2021 was higher than the pre-pandemic level, but trade in services remained substantially below averages. . And in?, .

UNCTAD also told the story of women?in rural Namibia who profit from biodiversity-friendly trade?ahead of World Biodiversity Day. The sustainable use and trade of indigenous plants has created valuable economic opportunities for 2,500 Namibian women and their communities.?Read more in , , .

As the world marked?Biodiversity Day 2021 on 22 May?the role of trade in helping combat biodiversity loss has never been greater.?Trade must be part of the solution to biodiversity loss. Unsustainable trade is behind the biodiversity crisis threatening our existence. But done sustainably, international commerce can help protect our planet’s precious resources. We explored?.

Thought leadership and opinion

Many are unaware of what encompasses the creative economy and its importance for prosperity, but we need creative thinking and innovation for a full COVID-19 recovery, writes UNCTAD Acting Secretary-General Isabelle Durant in a piece published in?.

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Upcoming events
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e-Learning Course on Entrepreneurship for Migrants and Refugees (Arabic), 28 May - 31 July 2021

UNCTAD, UNCHR and OIM have joined efforts with the United Nations Institute for Training and Research (UNITAR) to develop the e-learning course Entrepreneurship for Migrants and Refugees. We will be delivering the course virtually in Arabic from the end of May through to the end of June..?
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UNCTAD15 Pre-event: Productive Capacities for the New Decade, 26 May, 11:30am to 1:00pm (New York time)

The online event aims to provide a dialogue space to explore innovative strategies to undertake a Productive Capacities Gap Assessment so as to reach a common understanding of its role in the context of a smooth transition strategy for graduation with momentum.?The side event is organized by UNCTAD, the Enhanced Integrated Framework, the Committee for Development Policy and the UN Technology Bank for LDCs.?.?
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United Nations Trade Forum, 14-16 June 2021

Join UNCTAD for our second UN Trade Forum in mid-June. It looks at how to make trade and trade policy foster a green and inclusive recovery.?With the COVID-19 crisis and the climate emergency negatively impacting the three dimensions of sustainable development (economic, social and environmental), what the world needs is a more coherent policy mix to protect the planet and ensure more inclusive development. Inevitably, this must include trade policy. However, designing a coherent policy mix is a challenge. to?hear proposed solutions.??

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A on #Culture4Development we organized on Friday?with the president of the United Nations General Assembly and UNESCO explored concrete steps for ensuring the creative industries emerge stronger from COVID-19.

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Visit our? for more on UNCTAD’s work in monitoring the effects of the global pandemic on manufacturing, trade, foreign direct investment, and economic growth and new resources we offer to address them.