The World Economic Situation and Prospects 2025 report shows that despite withstanding a series of mutually reinforcing shocks, global economic growth has stagnated and remains below the pre-pandemic annual average of 3.2 per cent.
As the year draws to a close, we reflect on the various areas where Resident Coordinators and UN teams spearheaded initiatives that moved the dial on some of the most pressing challenges of our time.
To bridge global aspirations with on-the-ground realities, the Joint SDG Fund and the Local2030 Coalition have joined forces to channel investments toward SDG localization.
Brazil has concluded its G20 presidency, capping a year marked by intense negotiations during more than 140 meetings and dozens of working groups across 15 Brazilian cities.
During COP29, the UN Resident Coordinator in Azerbaijan stresses the urgent need to rebuild trust in climate action, particularly in climate finance, policymaking, and institutions, to accelerate progress towards a sustainable future.
People forced to flee war, violence and persecution are increasingly finding themselves on the front line of the global climate crisis, a new report warns, exposing them to a lethal combination of threats but without the funding and support to adapt. Of the more than 120 million forcibly displaced worldwide, three-quarters live in countries heavily impacted by climate change. Half are in places affected by both conflict and serious climate hazards, such as Ethiopia, Haiti, Myanmar, Somalia, Sudan and Syria.
“Let’s dispense with any idea that climate finance is charity;” runaway climate change is impacting “every single individual in the world one way or another,” Mr. Simon Stiell said on Monday at the start of COP29.
