ECONOMY

The 2024 World Investment Report highlighted that insufficient funding is hindering efforts to achieve the 2030 Agenda for Sustainable Development, underscoring the urgent need for policies to bolster finance.  “Investment is not just about capital flows; it is about human potential, environmental stewardship and the enduring pursuit of a more equitable and sustainable world,” said Rebeca Grynspan, … Read more

In a speech marking 60 years of UN Trade and Development – the agency previously known by the acronym UNCTAD – the UN Secretary-General highlighted the multiple challenges standing in the way of a more sustainable and inclusive global economy for all. “New and protracted conflicts are having a ripple effect across the global economy. Global debt … Read more

At an event commemorating the 49th anniversary of the Economic Community of West African States (ECOWAS), UN Deputy Secretary-General Amina Mohammed noted progress made, alongside immediate challenges.   “Over the last decade, the region has seen an exponential rise in terrorism that has reversed its development gains. This has been further exacerbated by the resurgence … Read more

The Dutch Authority for the Financial Markets (AFM) and the monetary authority, De Nederlandsche Bank (DNB), are in the midst of a profound supervisory transformation fuelled by the rapid development of artificial intelligence (AI).  While technological advances are driving a wave of innovation in the financial and security industries, these supervisory bodies face significant challenges … Read more

Speaking at the closing of the Fourth International Conference on Small Island States (SIDS4), Amina Mohammed stressed that despite increasingly existential threats to SIDS, “we do have reasons for hope and optimism”. More than 20 world leaders and senior ministers from over 100 nations joined close to 4,000 other participants on the lush campus of … Read more