The UN’s Food and Agriculture Organization (FAO) sounded the alarm on Wednesday after locusts were spotted in the country’s north and northeast. FAO said that a “full outbreak” this year could destroy up to 1.2 million metric tonnes of wheat, or a quarter of the total annual harvest. FAO Representative…
In its 2023 State of World Population report, UNFPA said that while reaching the milestone of eight billion people on Earth was a reminder of “our unprecedented gains”, concerns over the number were “causing anxiety, and driving more governments to try to influence fertility rates.” However, the agency notes that…
The Afghanistan Socio-Economic Outlook 2023, released by the UN Development Programme (UNDP), provides an overview of the fallout resulting from the takeover of Afghanistan by its present-day de facto rulers, the Taliban, in August 2021. Immediately after the Taliban assumed power, the Afghan economy collapsed, accelerating Afghanistan’s decade-long slide into…
There are so many conflicts, humanitarian disasters, extreme weather events and economic upheavals taking place in the world, that a new word is being used to describe the current state of affairs: the “polycrisis”. The word appeared in 2022, a year that began with tentative hopes that the global economy…
The Secretary-General pointed to reports showing that, since the pandemic, the richest one percent of people around the world have captured nearly twice as much new wealth as the rest of the world combined. Inequalities within some countries, he said, are regressing towards early 20th Century levels, a time when…
Over one third of the world’s working women are employed in agrifood systems, which include the production of food and non-food agricultural products, as well as related activities from food storage, transportation and processing to distribution. But in a new report, FAO says that gender inequalities such as less access…
In a new report, UNCTAD projects that annual growth across large parts of the global economy will be below pre-pandemic levels in 2023. High interest rates combined with soaring debt levels will add to the “crushing” effect on developing countries over the coming years, to the tune of at least…
Global inflation is also heading down, signalling that the tightening of monetary policy through major interest rate rises is bearing fruit, though more slowly than initially anticipated, said the IMF’s Director of Research, from 8.7 percent last year to seven percent this year, and 4.9 percent in 2024. Gradual recovery…
At only 24 years of age, Alhadgie Faal has built a successful small business, by turning family land in Kanuma, which is in Gambia’s North Bank region, into a sizable plot, where he grows fruit and vegetables to sell to restaurants and hotels. He started his company after receiving training…
Amid growing food and energy crises stoked by Russia’s full-scale invasion of Ukraine, an uncertain global economic outlook, and the escalating impacts of climate change, the 2023 Financing for Sustainable Development Report: Financing Sustainable Transformations, says that “urgent, massive investment” is needed to accelerate positive transformation of the electricity supply industry, farming, transportation and…
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