Tag: UNCTAD

UNCTAD in its "Review of Maritime Transport 2022" has called for increased investment in maritime supply chains. As it said "ports, shipping fleets and hinterland connections need to be better prepared for future global crises, climate change and the transition to low-carbon energy."

IMO, UNCTAD, IRENA and the World Bank organized a COP 27 side event, on 10 November, exploring opportunities for developing States in renewable fuel production for the maritime industry.

UNCTAD's annual Trade and Development Report 2022 projects global growth of 2.5% in 2022 slowing to 2.2% in 2023 and outlines actions to avert crisis and support developing countries.

According to Rebeca Grynspan, Secretary-General of UNCTAD, maritime trade is going through a historic moment of crisis and disruption. However, this is also an opportunity for maritime to further evolve and provide critical solutions.

UNCTAD says the war in the Ukraine is stifling trade and logistics of the country and the Black Sea region, increasing global vessel demand and the cost of shipping around the world.

The IMO Secretariat initiated a project aiming to improve the availability of relevant maritime transport costs data for the Pacific SIDS/Pacific Region.

According to UNCTAD, the maritime industry is a complex ecosystem that includes various value chains that require efforts by all stakeholders. However, three value chains are central to steering the sector’s decarbonization actions.

UNCTAD Secretary General Rebecca Grynspan discusses the actions required to ensure global trade is equitable in the face of major challenges of Ukraine, COVID-19 and climate change.

Ports from Ireland and the United Kingdom of Great Britain and Northern Ireland recommitted on 7 April their support to UNCTAD’s programme helping ports in developing countries boost productivity and efficiency.

UNCTAD prepared an assessment of the impact of war in Ukraine on trade and development, and interrelated issues in the areas of finance, technology, investment and sustainable development.