Geneva, 16 August 2022 (TDI): The United Nations Conference on Trade and Development (UNCTAD) shared via a tweet that in 2021, trade in emerging markets experienced a significant recovery, attaining $11.2 trillion, as per UNCTAD’s report ‘SDG Pulse.’
However, despite a 16.7% boost, trade in services still lagged behind trade in goods which surpassed pre-COVID19 tiers.
Trade in developing economies rebounded strongly in 2021, reaching $11.2 trillion.
But while trade in goods exceeded pre-#COVID19 levels, trade in services still fell short despite a 16.7% increase.
Explore all the data in @UNCTAD‘s #SDGPulse. https://t.co/KlWeIBCliE pic.twitter.com/e5lNfP7KkW
— UNCTAD (@UNCTAD) August 16, 2022
The three themes to which findings of UNCTAD’s report contribute are; multilateralism for trade and development, profitable growth, and structural transformation.
In addition, an assortment of Sustainable Development Goals (SDG) indicators has been explored concerning their advances by UNCTAD.
These advancements create the thematic lens, including recent trade trends, trade barriers, and measures to support trade.
Likewise, budgetary mobilization, equity, debt stability, transport infrastructure, and ICT for ecological sustainability are also included.
Moving ahead, the report aims to promote industrial growth, mass production value-added, technological advancement, environmental protection, and the advancement of economic potential.
Along these lines, the international rules and suggested procedures for SDG indicator monitoring must be developed by caretaker agencies of SDG indicators, as recommended by UNCTAD.
Additionally, they are responsible for gathering, assessing, and submitting country information and regional and international aggregates to the worldwide SDG report along with the data system maintained by the United Nations Statistics Division.
Furthermore, the UNCTAD custodian indicators are included in SDG Pulse. This and many other development indicators provide a thorough description of sustainable growth.
SDG Pulse
SDG Pulse is UNCTAD’s annual statistical publication that reports on developments concerning the 2030 Agenda for SDGs.
Annually, the SDG Pulse might very well focus on a different element of the agenda 2030 and talk of it from the angle or viewpoint of statistical data.
Aside from that, this year’s theme articulates inclusive growth with the new UNCTAD observations based on the increase of index that places people and the environment at the center of the action.
With an emphasis on women’s equality and ecological sustainability, the in-focus assessment will unveil a nation’s capabilities to implement inclusive growth. Adding to that, it will aid in directing more comprehensive policies that aim to promote wellness for everyone now and for the future.
