(Geneva) – Policymakers of developing countries will receive targeted support to conduct investment facilitation self-assessments aimed at improving their investment climate and attracting foreign direct investment (FDI), through a new project implemented by the International Trade Centre, funded by the European Union. ITC Executive Director Pam...
Trade and finance can work better for climate action. The latest UN climate summit, COP30, proposes three pathways forward.Default image copyright and description© Shutterstock/metamorworksGrowing awareness and concerted action on harnessing trade for climate goalsRenewed commitments to scale high-quality climate finance, particularly in developing countr...
DOWNLOAD PICTUREAsian Infrastructure Investment Bank (AIIB) President Jin Liqun has appointed three members to the Bank’s Sanctions Panel. Bernard O’Donnell has been appointed as the Chair of the Sanctions Panel, effective December 1, 2025. He succeeds Enery Quinones, whose term concluded in November 2025. O’Donnell was previously appointed as an e...
The IMF Executive Board completed today the Fourth Review Under the Extended Credit Facility Arrangement and the First Review Under the Resilience and Sustainability Facility Arrangement, enabling an immediate overall disbursement of about US$38.15 million.The Gambia’s economic recovery continues, with growth estimated to reach 6 percent in 2025 and infla...
The Executive Board completed the Fifth Reviews under the Extended Credit Facility (ECF) and Extended Fund Facility (EFF) arrangements for Papua New Guinea, providing the country with immediate access to about US$165 million.The Executive Board also completed the Second Review under the Resilience and Sustainability Facility (RSF) arrangement, making avail...
Riyadh, December 2025 — During the high-level event “NextGen Mission Lab: Building Youth Innovation Programme” at the 21st UNIDO General Conference, UNIDO announced its commitment to develop the Youth Innovation Programme, supporting young innovators in bringing early-stage prototypes to market under the UNIDO Youth Empowerment Framework 2026...
Senior officials from APEC economies convened in Shenzhen, a modern southern coastal city of China, to lay the groundwork for the forum’s agenda for next year. China, the host of APEC 2026, introduced its theme, Building an Asia-Pacific Community to Prosper Together.Opening the meeting, Deputy Foreign Minister of China Ma Zhaoxu underscored the urgen...
The eighth International Standards of Account and Reporting Honours award celebrates outstanding initiatives that advance sustainability and enhance corporate transparency.The International Standards of Account and Reporting (ISAR), the leading entity of the UN system for accounting and reporting issues, has announced winners of the ISAR Honours Award 2025...
At a series of services meetings, held during the week of 9 December, the WTO Council for Trade in Services and its subsidiary bodies discussed green services, facilitating cross-border remittance transfers, and the classification of environmental services among other issues. Members also reviewed progress on efforts to help least developed countries (LDCs...
WASHINGTON, Dec. 11, 2025— A proliferating set of international standards—covering everything from food labeling to the specifications of 5G cellular networks—is steadily reshaping the global economic order, delivering hefty benefits to the wealthy nations and large multinational companies that set them while leaving many developing countries on the sid...
