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Economic policymaking to dominate amid many elections

Location:

INT

WEF global risks report says that tech and climate risks are most feared globally but economic fears dominate nationally

Prosperity and sustainability show little correlation

Location:

INT

The mismatch between economic prosperity and environmental sustainability impedes national and global climate action

Geoeconomic fragmentation will reduce long-term growth

Location:

INT

Several studies estimate the global cost of geoeconomic confrontation, which is newly in the top three WEF global risks

Pandemic response threatens climate funding shortfall

Location:

INT

Low- and middle-income states must spend more than 1% of GDP a year on environmental protection but budgets may narrow

Official aid is under pressure; private aid is growing

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INT

Large US budget cuts risk squeezing public foreign aid, but more private co-funding may fill some of the gap

COVID-19 spread halts developing nations' GDP catch-up

Location:

INTERNATIONAL

Amid fears of another COVID-19 wave in high-income nations, developing nations are struggling to control the first wave

The emerging markets recovery will be fragile

Location:

INT

Economic disruption has lasted longer for EMDCs than for advanced economies and China; this will hinder their prospects

Investing in people is key to a sustainable recovery

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INT

The pandemic has damaged human and social capital; both are key to economic prospects but under-recorded in GDP accounts

Debt crisis risks are growing in many emerging markets

Location:

EMERGING MARKETS

Many emerging markets, whether eligible for the G20 debt relief schemes or not, could follow Sri Lanka into debt default

Public banks can finance SDGs more, but 2030 is a rush

Location:

INTERNATIONAL

The UNCTAD report urging public banks to do the “heavy lifting” to meet UN Sustainable Development Goals is ambitious