The agreement also includes robust transparency requirements and a dedicated committee on compliance.
GENEVA (AN) — The World Trade Organization has officially implemented a landmark agreement to curb harmful fisheries subsidies, ending more than two decades of complex negotiations.
The accord, which entered into force on Monday, commits members to ending government support estimated at $22 billion annually that contributes to the depletion of marine fish stocks.
UNCTAD also launched a new platform to stabilize borrower nations and mobilize capital for a costly green transition.
António Guterres highlights 'impossible choice' for debtor nations; new platform for technical reform, not negotiation.
Operationally, UNCTAD, like other organizations, must navigate economic headwinds and severe budget limitations.
The U.N. chief stressed the lack of reliable funding now threatens the U.N.'s core mandate and its 'regular functioning.'
Developing nations get 12 to 14 times less than what's needed to adapt infrastructure and prepare for climate impacts.
Ahead of the U.N. climate summit, the hugely influential philanthropist argues against taking a "doomsday outlook."
A new analysis indicates nations must cut carbon emissions by a massive 43% globally by 2030 compared to 2019 levels.
An estimated 736 million women — almost 1-in-3 — suffer from gender violence, most often from an intimate partner.
