According to the 2019 The World Economic Situation and Prospects by the UNCTAD, essential transition towards environmentally sustainable production and consumption is not happening fast enough, and the impacts of climate change are growing more widespread and severe.
Urgent and concrete policy action is needed to change the trajectory of the global economy towards a sustainable path and implement the actions and policy changes needed to deliver the ambitious goals of the 2030 Agenda for Sustainable Development.
The report seeks to inform the policymakers about the macroeconomic challenges and short-term risks that are threatening the global economic growth prospects and delivering on the 2030 Agenda for Sustainable Development.