The declaration will serve as a springboard for youth diplomacy to grow into a legitimate force and shape the trade and development agenda in the coming years.
During the four-day conference, world leaders, ministers of trade, leading economists and heads of UN agencies and global financial institutions called for a new development model, with socioeconomic transformation and sustainability at its centre.
Good policy choices and actions will make the difference in steering technological change towards economic recovery and development outcomes that leave no one behind.
The 15th session of the UN Conference on Trade and Development was the first to feature a forum dedicated to gender and development.
Productive transformation must be inclusive and sustainable to build back better after the COVID-19 pandemic and avoid a “lost decade” of development.
As multilateralism fails to provide many developing countries with the tools they need to respond to the COVID-19 pandemic, regional cooperation offers hope to building back better.
The world needs equitable access to COVID-19 vaccines so positive economic conditions can return to all countries and ensure well-functioning global value chains.
The international debt system needs an overhaul to address unsustainable debt burdens in developing countries.
The asymmetry between developed and developing countries in the supply of COVID-19 vaccines shows a multilateral system in urgent need of repair.
Barbados, Belize and Costa Rica are looking beyond the pandemic and climate shocks by developing and implementing national trade strategies strongly linked to resilience, conservation and the sustainable use of their marine resources.
