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Bottled Water Masks World’s Failure to Supply Safe Water for All, Can Slow Sustainable Development: UN

Needed to provide safe water to roughly 2 billion people without it: an annual investment less than half the US$ 270 billion now spent each year on bottled water.

In brief:

  • The bottled water industry is helping to mask a crippling world problem: the failure of public systems to supply reliable drinking water for all, a key SDG target.
  • Some private firms take a public good at little cost, treat it, and sell it back to those who can afford it. Ironically, many cases from 40 countries show the product is not always safe, with companies largely scrutinized far less than public utilities.
  • The fast-growing problem of water bottle plastic waste is already enough every year to fill a line of 40-ton trucks from New York to Bangkok.
  • With global sales of bottled water expected to almost double to half a trillion dollars by 2030, it is more important than ever to strengthen regulation of the overall industry.
  • The industry’s growth further underlines global inequities and the need for universal access to safe, sufficient, and affordable water as a basic human right.

The full report, “Global Bottled Water Industry: A Review of Impacts and Trends,” by Zeineb Bouhlel, Jimmy Kopke, and Vladimir Smakhtin of the UN University Institute of Water Environment and Health, and Mariam Mina of McMaster University, is available for preview at https://bit.ly/3Z05gpM
Figures in the study are available for download at https://bit.ly/3JxBDXT
Contacts: Terry Collins
+1-416-878-8712, tc@tca.tc
Zeineb Bouhlel, +1-905-667-5511, zeineb.bouhlel@unu.edu


HAMILTON, Canada, March 16 – The rapidly-growing bottled water industry can undermine progress towards a key sustainable development goal: safe water for all, says a new United Nations report.

Based on an analysis of literature and data from 109 countries, the report says that in just five decades bottled water has developed into “a major and essentially standalone economic sector,” experiencing 73% growth from 2010 to 2020. And sales are expected to almost double by 2030, from US$ 270 billion to $500 billion.


Released a few days prior to World Water Day (March 22), the report by UN University’s Canadian-based Institute for Water, Environment and Health concludes that the unrestricted expansion of the bottled water industry “is not aligned strategically with the goal of providing universal access to drinking water or at least slows global progress in this regard, distracting development efforts and redirecting attention to a less reliable and less affordable option for many, while remaining highly profitable for producers.”

Says Kaveh Madani, UNU-INWEH’s new Director: “The rise in bottled water consumption reflects decades of limited progress in and many failures of public water supply systems.”

When the Sustainable Development Goals were agreed in 2015, he notes, experts elsewhere estimated an annual investment of US$ 114 billion was needed from 2015 to 2030 to achieve a key target: universal safe drinking water.

The report says providing safe water to the roughly 2 billion people without it woulds require an annual investment of less than half the US$ 270 billion now spent every year on bottled water.

“This points to a global case of extreme social injustice, whereby billions of people worldwide do not have access to reliable water services while others enjoy water luxury.”

Tap water perceptions. The study quotes surveys showing bottled water is often perceived in the Global North as a healthier and tastier product than tap water – more a luxury good than a necessity. In the Global South, sales are driven by the lack or absence of reliable public water supplies and water delivery infrastructure limitations due to rapid urbanization.

In mid- and low-income countries, bottled water consumption is linked to poor tap water quality and often unreliable public water supply systems – problems often caused by corruption and chronic underinvestment in piped water infrastructure.
Beverage corporations are adept at marketing bottled water as a safe alternative to tap water by drawing attention to isolated public water system failures, says UNU-INWEH researcher and lead author Zeineb Bouhlel, adding that “even if in certain countries piped water is or can be of good quality, restoring public trust in tap water is likely to require substantial marketing and advocacy efforts.”

Not necessarily safe. Dr. Bouhlel notes that the source of bottled water (municipal system, surface, etc.) the treatment processes used (e.g. chlorination, ultraviolet disinfection, ozonation, reverse osmosis), the storage conditions (duration, light exposure, temperature), and packaging (plastic, glass), can all potentially alter water quality. This may be inorganic (e.g. heavy metals, pH, turbidity etc.), organic (benzene, pesticides, microplastics, etc.) and microbiological (pathogenic bacteria, viruses, fungus and parasitic protozoa).
According to the report, “the mineral composition of bottled water can vary significantly between different brands, within the same brand in different countries, and even between different bottles of the same batch.”

The report lists examples from over 40 countries in every world region of contamination of hundreds of bottled water brands and all bottled water types.

“This review constitutes strong evidence against the misleading perception that bottled water is an unquestionably safe drinking water source,” says Dr. Bouhlel.

Water bottlers generally face less scrutiny than public water utilities.
Co-author Vladimir Smakhtin, past Director of UNU-INWEH, underscores the report’s finding that “bottled water is generally not nearly as well-regulated and is tested less frequently and for fewer parameters. Strict water quality standards for tap water are rarely applied to bottled water, and even if such analyses are carried out, the results seldom make it to the public domain.”

Bottled water producers, he says, have largely avoided the scrutiny governments impose on public water utilities, and amid the market’s rapid growth, it is “probably more important than ever to strengthen legislation that regulates the industry overall, and its water quality standards in particular.”

With respect to the industry’s environmental impacts, the report says there is “little data available on water volumes extracted,” largely due to the lack of transparency and legal foundation that would have forced bottling companies to disclose that information publicly and assess the environmental consequences.”

“Local impacts on water resources may be significant,” the report says.

In the USA, for example, Nestlé Waters extracts 3 million litres a day from Florida Springs; in France, Danone extracts up to 10 million litres a day from Evian-les-Bains in the French Alps; and in China, the Hangzhou Wahaha Group extracts up to 12 million litres daily from Changbai Mountains springs.

Regarding plastic pollution, the researchers cite estimates that the industry produced around 600 billion plastic bottles and containers in 2021, which converts to some 25 million tonnes of PET waste – most of it not recycled and destined for landfills – a mass of plastic equal to the weight of 625,000 40-ton trucks, enough to form a bumper-to-bumper line from New York to Bangkok.

According to the report, the bottled water sector used 35% of the PET bottles produced globally in 2019; 85% wind up in landfills or unregulated waste.

By the numbers
Among the report’s many insights, derived from data analysis and other information assembled from global studies and literature:

• Over 1 million bottles of water are sold worldwide every minute
• Annual spending per capita worldwide is US$ 34
• Worldwide annual consumption of the three main bottled water types – treated, mineral, and natural – is estimated at 350 billion litres
• The estimated US $1.225 trillion in bottled water revenues represent 17 to 24% of the global market for non-alcoholic packaged beverages
• The biggest market segment (with 47% of global sales) is treated bottled water, which could originate from public water systems or surface water, and that undergoes a disinfection treatment such as chlorination• Citizens of Asia-Pacific are the biggest bottled water consumers, followed by North Americans and Europeans
• 60% of global sales are in the “Global South” (Asia-Pacific, Africa, Latin America and the Caribbean)
• By country, the USA is the largest market, with around US$ 64 billion in sales, followed by China (almost US$ 45 billion) and Indonesia (US$ 22 billion). Together, these three countries constitute almost half of the world market. Other top countries by sales: Canada, Australia, Singapore, Germany, Thailand, Mexico, Thailand, Italy, Japan
• The average cost of a bottle of water in North America and Europe is around US$ 2.50, more than double the price in Asia, Africa and LAC ($0.80, $0.90 and $1, respectively). Australia, the fifth largest market, has the highest average price: $3.57 per unit.
• Bottled water per litre can cost 150 to 1,000 times more than the price a municipality charges for tap water.
• Biggest per capita consumers: Singapore and Australia. Citizens of Singapore spent $1,348 per capita on bottled water in 2021, Australians $386
• According to previous studies, about 31% of Canadians, 38% of Americans, and 60% of Italians use bottled water as their primary drinking source. In the Dominican Republic, 60% of households use bottled water as their primary water source, with a strong correlation between income and bottled water consumption. About 80% of Mexicans use bottled water, and 10% use home-purified water as their primary drinking water source; roughly 90% cite health concerns for doing so
• Egypt is the fastest-growing market for treated bottled water (40% per year). Seven other countries from the Global South are among the top 10 fastest-growing markets: Algeria, Brazil, Indonesia, United Arab Emirates, India, Morocco, and Saudi Arabia.
• In Europe, Germany is the biggest bottled water market; in Latin America and the Caribbean, Mexico is the biggest market; in Africa, it’s South Africa.
• Treated water appears to be the market’s largest component by volume, while natural waters appear to generate the most profit.
• Five companies – PepsiCo, Coca-Cola, Nestlé S.A., Danone S.A, and Primo Corporation have combined sales of $65 billion, over 25% of the global total
• Earlier studies of water withdrawals declared in India, Pakistan, Mexico and Nepal showed total estimated withdrawals by Coca-Cola and Nestlé in 2021 at 300 and 100 billion litres, respectively


These and other figures used in the study are available at https://bit.ly/3JxBDXT

The UN University Institute for Water, Environment and Health, a member of the UNU family of organizations, is the United Nations Think Tank on Water created by the UNU Governing Council in 1996.

Its mission is to help resolve pressing water challenges of concern to the UN, its Member States and their people, through the knowledge-based synthesis of existing bodies of scientific discovery; cutting-edge targeted research that identifies emerging policy issues; application of on-the-ground scalable solutions based on credible research; and relevant and targeted public outreach.

UNU-INWEH is hosted by the Government of Canada and McMaster University. http://bit.ly/1vjfKAS

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Bottled Water Masks World’s Failure to Supply Safe Water for All, Can Slow Sustainable Development: UN Read More »

 New global survey shows rising worries about water shortage

Note: Amongst other findings, the research shows 58 per cent of people are seriously concerned about fresh water shortages and 30 percent say they have been greatly impacted by a lack of fresh water. This new survey of almost 30,000 people from 31 countries was conducted by sustainability consultancy, GlobeScan, and is being released together with Circle of Blue and WWF.

A press release is below with full details including more data broken down by country as well as globally and quotes from J. Carl Ganter, (Managing Director, Circle of Blue), Alexis Morgan, (WWF Global Water Stewardship Lead) and Perrine Bouhan (Director at GlobeScan.) Interviews, images and footage are available as well as additional data broken down by country on request.

This announcement also coincides with GlobeScan’s latest webinar “The Future of Water: Insights to Help You Stay Ahead of What’s Next”. Further information and registration details are available here: 

Webinar | The Future of Water: Insights to Help You Stay Ahead of What’s Next

Andrew Marcus on behalf of GlobeScan

PRESS RELEASE

WORRIES ABOUT WATER SHORTAGES ON THE RISE, SAYS NEW GLOBAL SURVEY

Fifty-eight percent of people are seriously concerned about fresh water shortages, according to research published ahead of the UN Water Conference

With the world gathering in New York next week for the first UN Water Conference in 46 years, new research from GlobeScan highlights the global impact of worsening water shortages which are disrupting societies, economies, the environment, and every aspect of life as we know it.

Fifty-eight percent of people across the world are very concerned about fresh water shortages, while 30 percent say they have personally been “greatly” impacted by a lack of fresh water. 

Additionally, climate change is strongly connected to water shortages, with nearly four in ten people who have been personally affected by climate change saying they experienced it through drought. 

Together with Circle of Blue and WWF, GlobeScan is releasing these key water findings from its GlobeScan Radar Survey ahead of the UN Water Conference from March 22nd to 24th where governments and companies must commit to urgent action to tackle the world’s water crises.  

Key research findings include:

  • Fifty-eight percent of people globally believe that fresh water shortages is a “very serious” issue. Mexicans, Colombians, and Brazilians report the most concern about access to water, while people in China, Hong Kong, Japan, and South Korea are the least likely to say fresh water shortages is a “very serious” issue.
  • Strong concern about fresh water shortages has increased over the past few years, from a low of 49 percent in 2014 to 61 percent in 2022 among 17 countries consistently tracked, along with concern about climate change (45% in 2014 to 65% in 2022).
  • People in Argentina, South Korea, Vietnam, Colombia, Germany, and Peru report the largest increases in concern about water shortages over the past year.
  • 30 percent of people globally claim they are “greatly” personally affected by fresh water shortages, while a global majority feel at least moderately personally affected (56%). Only one-quarter (25%) say they are not affected at all.
  • Majorities of people surveyed in Colombia, Italy, Mexico, Peru, and Turkey say they are greatly personally affected by a lack of fresh water. In contrast, fewer than one in ten say they are greatly affected in Germany, Japan, and the Netherlands.
  • Globally, people in urban areas (32%) are more likely than those in rural (28%) or towns and suburban areas (26%) to feel greatly affected by a lack of fresh water.
  • As many as 38 percent of people say they have been “greatly” personally affected by climate change, while as many as 75 percent have been at least “moderately” affected.  
  • People who say they have been personally affected by climate change often mention drought as one of the ways they have been impacted; 37 percent of those experiencing climate change personally claim this is through experiencing drought.

“We are seeing a rare convergence, when public opinion is aligning with profound realities as the world faces compounding water challenges that are affecting how we grow our food, generate our power, and support a sustainable economy and environment,” said J. Carl Ganter, Managing Director at Circle of Blue. 

“This survey of some 30,000 people definitively shows that citizens around the world are feeling and talking about the effects of water and climate stress. On the eve of the UN Water Conference, this is a crucial barometer that reveals increasing public demand for action from political and corporate leaders,” Ganter said.

Alexis Morgan, WWF Global Water Stewardship Lead comments: “Water doesn’t come from a tap – it comes from nature. But with nature loss and climate instability increasing, water scarcity will only worsen, impacting societies and economies across the globe. Yet through collaboration, restoring wetlands, re-connecting rivers, and replenishing aquifers, we have proven ways to tackle these shared water challenges. It’s time to urgently invest in these solutions.”

Perrine Bouhana, Director at GlobeScan comments: “It comes as no surprise that people are becoming more and more worried about the availability of fresh water. Last year droughts affected the lives of countless numbers of people on every continent. Indicators suggest this is likely to get worse. High levels of public concern about water means there is an opportunity right now for governments and NGOs to help people and businesses understand how their actions can genuinely make a difference to this globally important problem that affects all of us.”

ENDS

Notes to editors:

Methodology Summary – The GlobeScan Radar survey is a global survey conducted online among samples of 1,000 adults in each of 31 countries and territories (1,500 in USA, 500 each in Hong Kong, Kenya, Nigeria, and Singapore, and 850 in Egypt), weighted to reflect general population census data. The research was conducted during June and July of 2022 with a total of 29,293 participants.  Participating markets include Argentina, Australia, Brazil, Canada, China, Colombia, Egypt, France, Germany, Hong Kong, India, Indonesia, Italy, Japan, Kenya, Mexico, Netherlands, Nigeria, Peru, Portugal, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Thailand, Turkey, the UK, the USA, and Vietnam.

For more information contact:  Stacy Rowland Tel: +1 416 992 2705, stacy.rowland@globescan.com 

Laura Herd, Tel: +1 231 941 1355, laura@circleofblue.org 

Richard Lee, Tel: +31 6 54 287 956, rlee@wwfint.org 

About GlobeScan – GlobeScan is a global insights and advisory consultancy working at the intersection of brand purpose, sustainability, and trust. We partner with leading companies, NGOs, and governmental organizations to deliver insights that guide decision-making and build strategies that contribute to a sustainable and equitable future.

We combine over 35 years of data-driven insights with a global network of experts and the ability to engage any stakeholder or consumer. Our unique research programs and global capabilities help to know what’s new, what’s next, and what’s needed. And our advisory services help turn that knowledge into smart, strategic decisions.

Established in 1987, we have offices in Cape Town, Hong Kong, London, Mumbai, Paris, San Francisco, São Paulo, and Toronto. As a proudly independent, employee-owned company, we’re invested in the long-term success of our clients and society. GlobeScan is a Certified B Corp and a participant of the United Nations Global Compact.

Learn more: www.globescan.com 

About Circle of Blue – Circle of Blue is the nonprofit newsroom that reports globally about the intersection of water, food, and energy in the changing climate. It received the Rockefeller Foundation Centennial Innovation Award for creating a new model of impact journalism and convening.

Learn more: https://www.circleofblue.org/  

About WWF – WWF is an independent conservation organization, with over 30 million supporters and a global network active in over 100 countries. WWF’s mission is to stop the degradation of the Earth’s natural environment and to build a future in which humans live in harmony with nature, by conserving the world’s biological diversity, ensuring that the use of renewable natural resources is sustainable, and promoting the reduction of pollution and wasteful consumption. Visit www.panda.org/news for the latest news and media resources and follow us on Twitter @WWF_media.

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NEWS FEATURE: Governments, business and survivors call for tech solutions to tackle violence against women

New York, March 13 – Technology is a double-edged sword and more solutions are needed to address violence and harassment against women in the digital age, the United Nations heard in a conversation led by the President of the General Assembly on harnessing technology’s potential to end gender-based violence.

The event – organized on International Women’s Day March 8 – heard from women from around the world who described being targets of online harassment and abuse. Business leaders and advocates also described digital innovations to keep women and girls safe, and local leaders who highlighted support for survivors of gender-based violence.

The event took place during the annual meeting of the Commission on the Status of Women at UN headquarters in New York from March 6 to 17.

“Violence is a crime, online and offline. And violence against women is a global epidemic,” Csaba Kőrösi, the President of the General Assembly, said.

“Transformation will happen anyway, but we have an opportunity to guide it, to make it sustainable and just, within societies, within groups and with gender equality at its center.”

The discussion on “the role of technology in addressing violence against women and girls” was held on the sidelines of the Commission on the Status of Women, the key intergovernmental body dedicated to the promotion of gender equality and empowerment of women, whose priority theme this year is on innovation and technology.

UN Women Executive Director Sima Sami Bahous noted that technology and innovation could close the gaps in reaching full equality for women much faster than the 286 years expected.

But she added that artificial intelligence that is driving much of today’s innovation is developed by men, “and women find themselves in the middle with no skills to design them, to develop them”.

“Even when they go into STEM, most of them will fail, not because of their aptitude, but because they have been conditioned to think this is not their space,” Ms. Bahous told the audience.

Participants also heard personal stories from senior officials in the Pacific and the Middle East of targeted social media campaigns harassing them for having high-level positions in Government.

According to a study released by UN Women and the Interparliamentary Union (IPU), only around 11.3 per cent of countries have women Heads of State and 9.8 per cent have women Heads of Government.

While the number of parliamentarians is higher than ever before, there are wide global disparities with European Nordic countries on one side of the scale and rankings in the Middle East and North Africa region at the other.

“If I had been in my country during that time, I would have been afraid of stepping outside my house,” one woman Ambassador said, noting that she had been targeted at least three times in such a campaign.

Another senior official said it took her months to recover from cyberbullying, during a time when some people committed suicide.

One of the main topics of discussion was domestic violence and support for survivors.

According to figures cited during the conversation, one woman is killed by a family member every 11 minutes, and one in three will experience violence in her lifetime.

Violence against women is often linked to stalking, according to Commissioner Cecile Noelfrom the Mayor’s Office to End Domestic Violence and Gender-Based Violence (ENDGBV), who also participated in the conversation at the UN.

Commissioner Noel shared that her Office, in partnership with Cornell University and New York University’s Clinic to End Tech Abuse (CETA), launched an app that can tell when malware has been installed on the woman’s or her children’s phone, to limit stalking.

This innovation is being offered at New York City’s Family Justice Centers, established to support survivors and their children in New York’s five boroughs. President Kőrösi visited the Manhattan Center in late 2022, describing it as a place that made his “soul fly” to see the work done.

The conversation included Ministers and other senior Government officials who highlighted national support to survivors, including through toll free numbers.

“We cannot let women to fight alone, we cannot leave the victims to fight alone,” said Jeannette Bayisenge, Minister on Gender and Family Promotion in Rwanda.

Participating in the conversation were several representatives from the business sector. 

Among them Patricia Georgiou, Director of Policy, Partnerships and Business Development at Google’s Jigsaw, who spoke about the harassment experienced by women journalists and activists.

“For every voice we hear, there are countless others who have been erased, ultimately driving women off the internet. This leaves us all poorer economically, politically and culturally,” Ms. Georgiou noted.

She discussed the work that Google is doing to update its policies and algorithms to exclude revenge pornography, hate speech and violence – as well as the decision to publicly share its algorithms, and partnership with academia to fight misogyny. She also highlighted that half of their engineers were women.

Also on the technology side was Sara Wahedi who following a suicide explosion near her home in Kabul, created Ehtesab, a digital app that provides real-time emergency information to residents in Afghanistan.

She shared a message from Sahar, a female engineer who is still in Afghanistan where the Taliban has forbidden millions of female students from attending secondary schools and universities, or working outside of the home.

“She has no space to breath. She has the fundamental right, as I do, to pursue her education. So please do remember Sahab today,” Ms. Wahedi said, sharing the message with the room.

President Kőrösi asked Sara to relay a message back to Sahar: “We are with you.”

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UPDATE: Least Developed Countries receive strong support to achieve Sustainable Development Goals

Doha/New York, March 9 – The U.N. conference on the Least Developed Countries ended with member states committing to measures to deliver on the Doha Program of Action, a 10-year plan to put the world’s 46 most vulnerable countries back on track to achieving the Sustainable Development Goals (SDGs).

Bold commitments at the conference marked a transformative turning point for the world’s poorest countries, whose development has been hindered by crises including COVID-19, climate change and deepening inequalities, the U.N said in a press release.

“Achieving the Sustainable Development Goals in the Least Developed Countries is a litmus test for achieving the 2030 Agenda writ large, including by ensuring that no one — and no LDC — is left behind” said UN Deputy Secretary-General Amina Mohammed. “That is why the Doha Program of Action must be seen as a vehicle for SDG Acceleration.”

Under the theme ‘From Potential to Prosperity’ the conference aimed to drive transformational change to positively affect the 1.2 billion people who live in the LDCs.

“The commitments made this week are a true embodiment of global solidarity and partnership and will pave the way for a new era of international cooperation,” said Rabab Fatima, Secretary General of the Conference and UN High Representative for the Least Developed Countries, Landlocked Developing Countries and Small Island Developing States.

“This will result in more of the Least Developed Countries achieving the goal of graduation and a more prosperous and sustainable future,” she said.

5,000 participants attended LDC5, including 47 Heads of State or Government and 130 Ministers and Vice-Ministers. They called for developed countries to urgently provide the most vulnerable countries with the assistance they need to drive socio-economic and environmental development. Corporate leaders together with civil society, youth and other partners shared plans, innovations, and recommendations in several areas: from enhancing the participation of LDCs in international trade and regional integration to addressing climate change, strengthening global partnerships, supporting graduation, and leveraging the power of science, technology, and innovation.

The Doha Political Declaration, adopted March 9, reinforces the international community’s commitment to the Doha Program of Action.

Commitments

The Conference has presented a unique opportunity to translate the vision of the Doha Program into tangible results with countries and stakeholders showcasing a host of commitments. These commitments range from improving biodiversity and tackling malnutrition to resilience building in the LDCs.

Qatar announced a financial package of $60 million: $10m to support the implementation of the Doha Program of Action and $50 million to help build resilience in the LDCs.  

Germany dedicated €200 million in new money in 2023 for financing for least developed countries.

Canada announced $59 million to deliver Vitamin supplements in 15 LDCs and ecosystem conservation in Burkina Faso.  

The EU Commission announced cooperation agreements advancing sustainable investments in Africa totaling more than €130 million of investment.

Finland announced an annual event called the United Nations LDC Future Forum in Helsinki, with the Office of the UN High Representative for the Least Developed Countries, Landlocked Developing Countries and Small Island Developing States – OHRLLS –, to ensure the latest thinking and research is being put to work to ensure progress on the most vulnerable states.

The Green Climate Fund announced a new project to give $80 million in equity to offer green guarantees to business in LDCs and bring down the cost of capital.

The United Nations World Tourism Organization, announced a new €10 million Tourism for Development Fund for LDCs, supported by TUI Care Foundation, that will invest by 2030 to support sustainable tourism in LDCs as a key driver of development.

The government of Kazakhstan pledged $50,000 to continue their work supporting the most vulnerable member states of the United Nations.

The government of the Kingdom of Saudi Arabia announced a major new loan package for the Least Developed Countries.

The following 46 countries are listed as LDCs as of March 2023:

Africa (33): Angola, Benin, Burkina Faso, Burundi, Central African Republic, Chad, Comoros, Democratic Republic of the Congo, Djibouti, Eritrea, Ethiopia, Gambia, Guinea, Guinea-Bissau, Lesotho, Liberia, Madagascar, Malawi, Mali, Mauritania, Mozambique, Niger, Rwanda, Sao Tome and Principe, Senegal, Sierra Leone, Somalia, South Sudan, Sudan, Tanzania, Togo, Uganda, and Zambia.

Asia (9): Afghanistan, Bangladesh, Bhutan, Cambodia, Lao People’s Democratic Republic, Myanmar, Nepal, Timor-Leste and Yemen

Caribbean (1): Haiti.

Pacific (3): Kiribati, Solomon Islands and Tuvalu.

The U.N. said 46 countries are deemed as least developed as they showed the lowest indicators of socio-economic development across a range of indexes. The LDCs are home to about 1.1 billion people, or 14 per cent of the world population and over 75 per cent of them still live in poverty.

According to data from the World Bank, all LDCs have a gross national per capita income (GNI) of below USD$1,018; compare that to almost $71,000 in the United States, $44,000 in France, $9,900 in Turkey and $6,530 in South Africa.

Key LDC5 links

LDC5 Website: https://www.un.org/ldc5/

Doha Programme of Action: https://www.un.org/ldc5/doha-programme-of-action

Doha Political Declaration: https://undocs.org/A/CONF.219/2023/L.1

Media Corner: https://www.un.org/ldc5/news

For more information, contact:

Conor O’Loughlin | LDC5 Spokesperson | conor.oloughlin@un.org

Sharon Birch | UN Department of Global Communications | birchs@un.org

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World faces largest food crisis in modern history, over 350 million people need help, U.N. says

Riyadh/New York, February 20 – Wars, climate disasters and economic collapse are causing the largest food crisis in modern history, spreading famine that is affecting millions of people around the world, the chief U.N. humanitarian affairs and emergency coordinator said in an appeal to help those in needs.

“The world is facing the largest food crisis in modern history, and famine is knocking on many doors,” Martin Griffiths told a humanitarian forum in Riyadh, Saudi Arabia on behalf of U.N. Secretary General Antonio Guterres.

The forum was held under the theme “The Evolving Humanitarian landscape for 2023 and beyond” and attended by heads of state and government and donors to the U.N. emergency fund known as CERF.

“Our mandate and mantra is ‘We don’t give up.’ But to discharge this mandate, we need your help in practical and tangible ways,” Griffiths said.

Griffths described the current humanitarian landscape as “rough and rugged one” where needs are spiralling across the world and humanitarian crises are piling on top of each other, and “desperate people are looking to us in their hour of need.” He said women’s human rights specially are under “vicious attacks” in many places and injustice has festered for decades.

Griffiths said more than 350 million people around the world currently need humanitarian assistance and close to US$ 54 billion are needed to meet the basic needs of the worst affected among them.

“But experience shows that we can expect to raise barely half of that amount. Each year, our count of people in need, and dollars to raise, takes another jump. The trend is clear, and there are three main reasons for this,” he said.

He said more than 222 million people globally “don’t know when or even if they’ll eat another meal” and 45 million people are already on the brink of starvation with most of them women and children.

 The economic collapse fuelled first by the shock of Covid-19 pandemic, the year-old war in Ukraine and the recent earthquake in Turkeye and Syria are pushing millions of people to the brink, the U.N said. The U.N. has allocated up to $50 million to assist earthquake victims and $250 million from CERF to meet urgent humanitarian needs in score of countries.

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Global food and nutrition security crisis to worsen; 349 million people in 79 countries are acutely food insecure

Joint statement by heads of Food and Agriculture Organization (FAO); International Monetary Fund (IMF); World Bank Group (WBG); World Food Program (WFP) and World Trade Organization (WTO) calling for continued urgent action to address the global crisis on food and nutrition security.

 (Following is the original statement – February 8, 2023)

We offer our deepest sympathies to the people of Türkiye and the neighboring Syrian Arab Republic who have suffered the recent earthquakes. Our organizations are closely monitoring the situation, assessing the magnitude of the disaster, and working to mobilize necessary support in accordance with each organization’s mandates and procedures.

Globally, poverty and food insecurity are both on the rise after decades of development gains. Supply chain disruptions, climate change, the COVID-19 pandemic, financial tightening through rising interest rates and the Russia’s war in Ukraine have caused an unprecedented shock to the global food system, with the most vulnerable hit the hardest. Food inflation remains high in the world, with dozens of countries experiencing double digit inflation.

According to WFP, 349 million people across 79 countries are acutely food insecure. The prevalence of undernourishment is also on the rise, following three years of deterioration.

This situation is expected to worsen, with global food supplies projected to drop to a three-year low in 2022/2023.[1] The need is especially dire in 24 countries that FAO and WFP have identified as hunger hotspots, of which 16 are in Africa.[2] Fertilizer affordability as defined by the ratio between food prices and fertilizer prices[3] is also the lowest since the 2007/2008 food crisis, which is leading to lower food production and impacting smallholder farmers the hardest, worsening the already high local food prices. For example, the reduction in 2022 of the production of rice, for which Africa is the largest importer in the world, coupled with prospects of lower stocks, is of grave concern.

In response to the inflation of food, fuel and fertilizer prices, countries have spent over US$710 billion for social protection measures covering 1 billion people, including approximately US$380 billion for subsidies. However, only US$4.3 billion has been spent in low-income countries for social protection measures, compared to US$507.6 billion in high-income countries.[3]

To prevent a worsening of the food and nutrition security crisis, further urgent actions are required to (i) rescue hunger hotspots, (ii) facilitate trade, improve the functioning of markets, and enhance the role of the private sector, and (iii) reform and repurpose harmful subsidies with careful targeting and efficiency. Countries should balance short-term urgent interventions with longer-term resilience efforts as they respond to the crisis. 

1.     Rescue hunger hotspots

We call on governments and donors to support country-level efforts to address the needs in hotspots, share information and strengthen crisis preparedness. The WFP and FAO need funds urgently to serve the most vulnerable immediately. In 2022, WFP and partners reached a record number of people – more than 140 million – with food and nutrition assistance, based on a record-breaking US$14 billion in contributions, of which US$7.3 billion came from the United States Government alone. WFP sent over US$3 billion in cash-based transfers to people in 72 countries and provided support to school feeding programs in 80 countries, including 15 million children through direct support and more than 90 million children through bolstering government national school feeding programs. FAO has invested US$1 billion to support more than 40 million people in rural areas with time sensitive agricultural interventions. These activities were primarily focused on the 53 countries listed in the Global Report on Food Crises.

The World Bank is providing a US$30 billion food and nutrition security package covering the 15 months from April 2022 to June 2023, including US$12 billion of new projects, which have all been committed ahead of schedule. This also includes US$3.5 billion in new financing for food and nutrition security in hotspots. In addition, the Bank has allocated US$748 million from its US$1 billion Early Response Financing modality of IDA’s Crisis Response Window (CRW) to mostly address needs in hotspots and is mobilizing additional funds for the CRW.

Funding for the IMF’s Poverty Reduction and Growth Trust (PRGT) must also be mobilized to provide concessional financing to low-income countries facing balance of payment needs. The IMF’s new Food Shock Window has so far supported Ukraine, Malawi, Guinea and Haiti, while nine countries facing acute food insecurity benefited from IMF financial support through new programs or augmentation of existing ones, with a focus on strengthening social safety nets and policies to help address the impact of the food crisis. The Global Alliance for Food Security (GAFS) is supporting greater crisis preparedness through the development and operationalization of multi-sectoral Food Security Crisis Preparedness Plans across 26 counties, which should be supported by governments and donors. GAFS also continues to monitor the severity of the food crisis and the financing of the global response through the Global Food and Nutrition Security Dashboard. We also welcome efforts by all parties to mobilize more funding for Africa’s agricultural transformation, as noted in the Dakar Declaration[4] and we want to acknowledge the great work done by David Beasley, Executive Director, WFP, during his tenure. 

2.     Facilitate trade, improve the functioning of markets, and enhance the role of the private sector

Countries should minimize trade distortions, strengthen the provision of public goods, and enable the private sector to contribute meaningfully to improved food security outcomes. We repeat our urgent call for countries to (i) avoid policies such as export restrictions, which can impede access to food for poor consumers in low-income food-importing countries; (ii) support trade facilitation measures, to improve availability of food and fertilizer, (iii) support trade finance initiatives in a transparent and indiscriminatory manner; and (iv) adhere to the commitments made at the WTO’s 12th Ministerial Conference.[5] While countries have lifted some export bans on wheat and rice, new export restrictions and bans, particularly on vegetables, are hampering availability on global markets. Global food security can be strengthened if governments support both food producers and consumers in a smart and targeted manner, such as by strengthening the provision of public goods in ways that improve farm productivity sustainably. Countries can use e-voucher schemes for fertilizers and avoid large-scale public procurement and subsidized distribution schemes, either on farm inputs or farm products, that crowd out the private sector. The WBG’s US$6 billion IFC Global Food Security Platform supports farmers to access fertilizers and other critical supplies while helping private companies make longer-term investments, focusing on improving the resilience of agri-food systems and fertilizer use efficiency. Countries should follow FAO‘s International Code of Conduct for the Sustainable Use and Management of Fertilizers to sustainably manage nutrients for food security.[6]

3.     Reform and repurpose harmful subsidies with careful targeting and efficiency

Countries should reform and repurpose general universal subsidies towards temporary, better targeted programs for global food security and sustainable food systems, considering the key aspects of (i) efficiency, (ii) cost and fiscal sustainability, (iii) flexibility, (iv) administrative complexity, (v) equity, and (vi) strengthened resilience and sustainability. Most of the global social protection response to inflation is in the form of subsidies, half of which are untargeted, inefficient, and costly to already constrained governments. Support should be scaled up for countries to strengthen and deploy comprehensive, actionable and shock responsive social protection strategies. Policies and reforms supported by financing from IMF and the World Bank have focused on the transition from broad-based measures to more targeted approaches. Countries need to re-examine and reform their support to agriculture, which amounted to about US$639 billion per year between 2016 and 2018, and has since been on the rise. Of every dollar spent, only 35 cents end up with farmers.[7] Much of this support incentivizes inefficient use of resources, distorts global markets, or undermines environmental sustainability, public health, and agricultural productivity. Without ignoring the inherent trade-offs associated with large scale policy reforms [10], this funding should be reformed and repurposed in ways that strengthen the resilience and sustainability of the agri-food system, such as the adoption of good agricultural practices, research and innovation (including in fertilizer application efficiency and alternatives to synthetic fertilizers), extension and advisory services, improved infrastructure and logistics, and digital technologies that improve productivity sustainably. The FAO new science and innovation strategy and the agri-food systems technologies and innovations outlook, [11] together with the One CGIARInitiative, plays a pivotal role across these areas to deliver global benefits of individual country reforms.[8]

Action is already under way to address underlying structural challenges in social protection and in the food and fertilizer markets, but more concerted action across these three key areas is needed to prevent a prolonged crisis. We are committed to working jointly and with impact to support the most vulnerable.

This is the third Joint Statement by the Heads of the Food and Agriculture Organization, International Monetary Fund, World Bank Group, World Food Programme, and World Trade Organization on the Global Food and Nutrition Security Crisis. The previous Joint Statements can be accessed here (1) and here (2).

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UPDATE: UN priorities for 2023: End conflicts with New Agenda for Peace

New York, February 6 – Citing the inalienable right to peace under the Universal Declaration of Human Rights, U.N. Secretary-GeneralAntoniocalled for a New Agenda for Peace through multilateral diplomacy to end conflicts, from the Russia-led Ukraine war and the Israeli-Palestinian conflict to violence in Myanmar and Haiti

Guterres said the Universal Declaration, proclaimed in 1948, provides a “roadmap out of the dead end” marked by conflicts without any prospects for peace.

“The Russian invasion of Ukraine is inflicting untold suffering on the Ukrainian people, with profound global implications,” Guterres said in an address to the U.N. General Assembly to begin activities in the new year. “The prospects for peace keep diminishing. The chances of further escalation and bloodshed keep growing. I fear the world is now sleepwalking into a wider war. It is doing so with its eyes wide open.”

“The world needs peace. Peace in line with the United Nations Charter and international law.”

New Agenda for Peace

Guterres said the proposed plan will revitalize multilateral action for a “world in transition and a new era of geostrategic competition” and will seek to address all forms and domains of threats, old and new.

The U.N. peacekeeping operations, launched 75 years ago, are under-funded and under attacks “with no peace to keep,” the U.N. leader said, proposing a new initiative under Action for Peacekeeping.

“But the New Agenda for Peace must recognize the need for a new generation of peace enforcement missions and counter-terrorist operations, led by regional forces, with a Security Council mandate under Chapter VII, and with guaranteed, predictable funding. The African Union is an obvious partner in this regard.”

He said disarmament and arms control issues should return to the center of diplomacy to reduce strategic threats from nuclear arms and work for their ultimate elimination.

“Nuclear-armed countries must renounce the first use of these unconscionable weapons,” he said. “In fact, they must renounce any use, anytime, anywhere. The so-called ‘tactical’ use of nuclear weapons is absurd.”

“We are at the highest risk in decades of a nuclear war that could start by accident or design. We need to end the threat posed by 13,000 nuclear weapons held in arsenals around the world.”

“The New Agenda for Peace aims to maximize the convening power of the United Nations as a platform for broad-based coalitions and effective diplomacy.”

Csaba Kőrösi, president of the current 77th General Assembly session, said: the body has embarked on 16 negotiation processes aiming at “transformation” across several of the priorities identified by the U.N. leader.

“As we embark on our efforts, let us view these processes holistically, with a full understanding of how the priority areas outlined by the Secretary-General are both interconnected and interrelated,” Korosi said.

“Failing to pave the way for economic growth and sustainable development – as we know – will have a direct bearing on prospects for international peace and security. To achieve the desired transformative change, we will have to refresh our thinking on evaluation of the development, going beyond GDP. We will also need the evidence and methodology science can offer us to shape our decisions.”

Sustainable Development Goals

Guterres urged government leaders to show up at the SDG Summit in September when the 193-nation U.N. General Assembly will hold its annual meetings, pointing out that the ambitious program has not met its deadlines at halfway to 2030. The General Assembly has scheduled a Summit of the Least Developed Countries in March to boost progress ahead of the SDG Summit in September. Topping the 17 Sustainable Development Goals are eliminating poverty and hunger and providing education for all.

Guterres urged developed countries to ensure that developing economies have the liquidity to fund investments in quality education, universal healthcare and pandemic preparedness, decent work and social protection. He called on the 20 richest countries (G20) to agree to stimulus programs to support countries in the Global South.

Commission on the Status of Women, March 6-17

Government representatives and non-governmental organizations accredited to ECOSOC from all regions in the world are called to attend and contribute to the session. This year’s priority theme: Innovation and technological change, and education in the digital age for achieving gender equality and the empowerment of all women and girls. The review theme: Challenges and opportunities in achieving gender equality and the empowerment of rural women and girls (agreed conclusions of the 62nd session)

Water Summit March 22-24

The U.N. will hold a Water Summit to develop a bold Water Action Agenda that would bring a clean, healthy and sustainable environment to all.

“Action on oceans means new partnerships and tougher efforts to tackle marine- pollution, end overfishing, safeguard marine biodiversity, and more,” Guterres said.

 With climate change profoundly affecting our economies, societies and environment, water is indeed the biggest deal breaker to achieve the internationally agreed water-related goals and targets, including those contained in the 2030 Agenda for Sustainable Development.

Climate Change

The U.N. will hold its climate summit (COP28) in the United Arab Emirates in December.

The U.N. leader urges focus on two urgent priorities: cutting emissions and achieving climate justice, which mean “far more ambitious action to cut carbon pollution by speeding up the shift from fossil fuels to renewable energy – especially in G20 countries — and de-carbonizing highest emitting industrial sectors – steel, cement, shipping and aviation.”

“It means delivering on the Just Energy Transitions Partnerships with South Africa, Indonesia and Viet Nam. And expanding on this cooperation through a Climate Solidarity Pact.”

The plan said all businesses, cities, regions and financial institutions that took a 2050 net zero pledge should present their transition plans with credible and ambitious targets for 2025 and 2030 — aligned with the standards set by a High-Level Expert Group.

Guterres reminded developed countries to deliver on commitments to provide $100 billion to developing countries so they can adapt to new climate-related technology and deliver on the loss and damage fund agreed at last year’s COP in Sharm El-Sheikh, Egypt. (By J. Tuyet Nguyen)

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U.N. supports calls for cooperation to prevent world fragmentation

Davos, Switzerland/New York, January 18 – While acknowledging that the United States and China are in conflict over various issues, the United Nations said it is “possible” for the two countries to engage on climate, trade and technology to avoid decoupling their economies.

 U.N. Secretary-General Antonio told the World Economic Forum in the Swiss Alps resort at Davos that the U.S.-China conflict can cause a “tectonic rift that would create two different sets of trade rules, two dominant currencies, two internets and two conflicting strategies on artificial intelligence.”

Referring to a study by the International Monetary Fund, Guterres said a decoupling of the U.S. and Chinese economies, the world’s two largest, could cut global GDP by a whopping $1.4 trillion.

“But it is possible – indeed essential – for the two countries to have meaningful engagement on climate, trade and technology to avoid the decoupling of economies or even the possibility of future confrontation,” the U.N. chief said.

He said the North-South divide is deepening at the same time while developed countries are unable to grasp the deep frustration of the global south.

Participants at the forum, the first in-person gathering since the pandemic erupted in early 2020, have voiced frustration at global economic slowdown, disrupted supply chains and the on-going Russia-Ukraine war. Guterres said the short-term global economic outlook is “bleak” while inequalities have deepened, costs of living have rapidly increased and the world is still unprepared for the next pandemic.

He called for reforming and building fairness into the global financial system to allow poor countries access to finance and to bridge the divide and restore trust so all countries can embark on meaningful climate action.

IMF: WEF faces Gordian Knot as it tries to prevent fragmented world

“As policymakers and business leaders gather at the World Economic Forum in Davos, they are facing a Gordian knot of challenges,” Kristalina Georgieva, Managing Director of the International Monetary Fund, said in an IMF Blog aimed at the gathering.

“From the global economic slowdown and climate change to the cost-of-living crisis and high debt levels: there is no easy way to cut through it. Added to this are geopolitical tensions that have made it even more difficult to address vital global issues,” she said.

“Indeed, even as we need more international cooperation on multiple fronts, we are facing the specter of a new Cold War that could see the world fragment into rival economic blocs. This would be a collective policy mistake that would leave everyone poorer and less secure.”

The IMF estimates that the cost of fragmentation from recent studies “vary widely” with the longer-term cost of trade fragmentation alone could range from 0.2 percent to almost 7 percent in a severe scenario, which is roughly equivalent to the combined annual output of Germany and Japan. If technological decoupling is added to the mix, some countries could see losses of up to 12 percent of GDP.

Georgieva urged governments to strengthen the international trade system; help vulnerable countries deal with debt and step up climate action as measures against fragmentation.

2023 Davos meeting January 16-20

This year’s World Economic Forum under the theme ‘Cooperation in a Fragmented World’ is drawing 2,700 leaders from 130 countries including 52 heads of state/government.

“Multiple crises are deepening divisions and fragmenting the geopolitical landscape. Leaders must address people’s immediate, critical needs while also laying the groundwork for a more sustainable, resilient world by the end of the decade,” WEF said.

Klaus Schwab, Founder and Executive Chairman of WEF, said, “We see the manifold political, economic and social forces creating increased fragmentation on a global and national level. To address the root causes of this erosion of trust, we need to reinforce cooperation between the government and business sectors, creating the conditions for a strong and durable recovery. At the same time there must be the recognition that economic development needs to be made more resilient, more sustainable and nobody should be left behind.”

WEF said the 53rd annual meeting will focus on solutions and public-private cooperation to tackle the world’s most pressing challenges. “It encourages world leaders to work together on the interconnected issues of energy, climate and nature; investment, trade and infrastructure; frontier technologies and industry resilience; jobs, skills, social mobility and health; and geopolitical cooperation in a multipolar world. Special emphasis is on gender and geographical diversity across all sessions.”

(By J. Tuyet Nguyen)

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U.N. slams lawlessness, from Russia’s war in Ukraine to illegal development of nuclear weapons by North Korea

New York, January 12 – The United Nations Security Council is called to find ways to promote and strengthen the rule of law as lawlessness has proliferated, from the illegal Russia’s war in Ukraine nearing one year old, the military takeover in Myanmar to the Taliban’s attacks on women’s and girls’ rights to education and North Korea’s nuclear tests.

Japan’s Foreign Minister Yoshimasa Hayashi, whose country holds the presidency of the 15-nation Security Council in January, called for a resolution on “Uniting for the Rule of Law,” with the council as the principal body responsible for it.

U.N. Secretary-General Antonio Guterres opened the debate with a statement that the rule of law is “foundational to the United Nations, and to our mission of peace. The Security Council has a vital role in upholding it.”

“From the illegal development of nuclear weapons to the illegal use of force, States continue to flout international law with impunity,” Guterres said. “The Russian invasion of Ukraine has created a humanitarian and human rights catastrophe, traumatized a generation of children, and accelerated the global food and energy crises. In every region of the world, civilians suffer the effects of devastating conflicts, loss of human life, rising poverty and hunger.”

He said North Korea’s development of nuclear weapons programs is “unlawful… and a clear and present danger, driving risks and geopolitical tensions to new heights. The onus is on the Democratic People’s Republic of Korea to comply with its international obligations and return to the negotiating table.”

The Talibanin Afghanistan have launched “unprecedented, systemic attacks” on women’s and girls’ rights to education and has undermined development activities in the country, he said.

Guterres said coups d’etat are back “in fashion” in recent years. One example is the military takeover in Myanmar in 2021, which led the country into a cycle of violence, repression and severe human rights violations.

“2022 was a deadly year for both Palestinians and Israelis,” he said. “We condemn all unlawful killings and acts by extremists.”

“The situation in Haiti is characterized by a deep institutional crisis and weak rule of law, widespread human rights abuses, soaring crime rates, corruption and transnational crime.”

Japan’s Foreign Minister Hayashi said the world is currently “beset by the war of aggression in Europe, and conflicts, violence, terrorism, and geopolitical tensions ranging from Africa to the Middle East to Latin America to the Asia-Pacific.”

 “I believe that the rule of law is intrinsically linked with the responsibility of this Council. I believe that it is only through multilateralism that we can uphold the rule of law globally. I believe that the United Nations should be at the core of multilateralism. And, I believe that the Security Council should be the guardian of multilateralism.”

He said the proposed “Uniting for the Rule of Law” should draw on the U.N. Charter and resolutions adopted by the U.N. General Assembly related to the rule of law and friendly relations among nations. He said the rule of law should be “anchored in trust among nations” and should “never allows any country to rewrite borders by force or through the flexing of muscles.”

“Member States should unite for the rule of law and cooperate with each other to stand up against violations of the U.N. Charter, such as aggression against, or the acquisition of territory by force from, a Member State. Japan welcomes the efforts by Member States in this regard, and calls for further actions to end the aggression against Ukraine. Let us refrain from recognizing territorial acquisitions by force or supporting aggression directly or indirectly,” he said.

(By J.Tuyet Nguyen)

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Climate change is a long-term threat to global economy, World Economic Forum says

Geneva/New York, January 11, 2023 – The Global Risks Report published by the World Economic Forum ahead of its annual meeting at Davos, Switzerland said climate change will remain the biggest and long-term challenge to the economy unless world leaders tackle it collectively and decisively.

The report said the current energy and food supply crises are likely to persist for the next two years and costs of living and debt servicing are expected to strongly increase. Those crises at the same time will undermine efforts to fight problems related to climate change, biodiversity and investment in human capital.

Read the Global Risks Report 2023 . The Marsh McLennan and Zurich Insurance Group produced the report, drawing on the views of over 1,200 global risk experts, policy-makers and industry leaders. Read WEF’s Global Risks Initiative which promotes greater common understanding of short-, mid- and long-term global risks to enable learning on risk preparedness and resilience.

“The short-term risk landscape is dominated by energy, food, debt and disasters,” said Saadia Zahidi, WEF Managing Director. “Those that are already the most vulnerable are suffering – and in the face of multiple crises, those who qualify as vulnerable are rapidly expanding, in rich and poor countries alike. In this already toxic mix of known and rising global risks, a new shock event, from a new military conflict to a new virus, could become unmanageable. Climate and human development therefore must be at the core of concerns of global leaders to boost resilience against future shocks.”

The report said failure by world leaders to start cooperating more effectively on climate mitigation and climate adaptation will lead to continued global warming and ecological breakdown over the next 10 years.

John Scott, Head of Sustainability Risk, Zurich Insurance Group, said: “The interplay between climate change impacts, biodiversity loss, food security and natural resource consumption is a dangerous cocktail. Without significant policy change or investments, this mix will accelerate ecosystem collapse, threaten food supplies, amplify the impacts of natural disasters and limit further climate mitigation progress. If we speed up action, there is still an opportunity by the end of the decade to achieve a 1.5ᵒC degree trajectory and address the nature emergency. Recent progress in the deployment of renewable energy technologies and electric vehicles gives us good reasons to be optimistic.”

Carolina Klint, Risk Management Leader, Continental Europe, Marsh, said: “2023 is set to be marked by increased risks related to food, energy, raw materials and cyber security, causing further disruption to global supply chains and impacting investment decisions. At a time when countries and organizations should be stepping up resilience efforts, economic headwinds will constrain their ability to do so. Faced with the most difficult geo-economic conditions in a generation, companies should focus not just on navigating near-term concerns but also on developing strategies that will position them well for longer-term risks and structural change.”

2023 Davos meeting January 16-20

This year’s World Economic Forum will be under the theme ‘Cooperation in a Fragmented World’. The forum will draw 2,700 leaders from 130 countries including 52 heads of state/government.

“Multiple crises are deepening divisions and fragmenting the geopolitical landscape. Leaders must address people’s immediate, critical needs while also laying the groundwork for a more sustainable, resilient world by the end of the decade,” WEF said.

Klaus Schwab, Founder and Executive Chairman of WEF, said, “We see the manifold political, economic and social forces creating increased fragmentation on a global and national level. To address the root causes of this erosion of trust, we need to reinforce cooperation between the government and business sectors, creating the conditions for a strong and durable recovery. At the same time there must be the recognition that economic development needs to be made more resilient, more sustainable and nobody should be left behind.”

WEF said the 53rd annual meeting will focus on solutions and public-private cooperation to tackle the world’s most pressing challenges. “It encourages world leaders to work together on the interconnected issues of energy, climate and nature; investment, trade and infrastructure; frontier technologies and industry resilience; jobs, skills, social mobility and health; and geopolitical cooperation in a multipolar world. Special emphasis is on gender and geographical diversity across all sessions.”

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