News & Media

Health for All: Transforming economies to deliver what matters

Health for All: Transforming economies to deliver what matters

WHO experts prepared a new report on health financing.

Oil Market Report - May 2023

Oil Market Report - May 2023

The International Energy Agency (IEA) presented a new report on the development of the oil market.

The art of data: Empowering art institutions with data and analytics

The art of data: Empowering art institutions with data and analytics

Rising overheads, changing audience behavior and shrinking sponsorships amid the COVID-19 pandemic have highlighted the need to rethink the operating model of arts organizations.

World Economic Situation and Prospects as of mid-2023

World Economic Situation and Prospects as of mid-2023

The impact of the COVID-19 pandemic, climate change and structural macroeconomic issues are having a negative impact on global economic performance.

Spring 2023 Economic Forecast

Spring 2023 Economic Forecast

The European economy continues to show strong growth. According to the European Commission (EC), in the I quarter. 2023, the region's GDP grew by 0.3%.

What is an Effective Meeting?

What is an Effective Meeting?

What is an effective meeting? According to McKinsey experts, the COVID-19 pandemic has “rewritten” the rules of corporate behavior and organization of the workflow.

Trade and Environment Review 2023. Building a Sustainable and Resilient Ocean Economy beyond 2030

Trade and Environment Review 2023. Building a Sustainable and Resilient Ocean Economy beyond 2030

The oceans offer new opportunities for developing countries to create innovative and sustainable economies. However, marine resources are under threat from climate change, increased pollution and uncontrolled fishing. This is stated in the new report of the United Nations Conference on Trade and Development (UNCTAD). The publication contains an analysis of the impact of global crises on the "blue" economy.

According to experts of the organization:

  • In 2020, the value of exports of "ocean" goods and services (including fisheries, ships and port equipment, shipping and coastal tourism) was $1.3 trillion.
  • The European Union is the world's leading exporter ($459 billion), followed by China ($160 billion) and India ($34 billion).
  • The COVID-19 pandemic has had less of an impact on the maritime sector than anticipated. In 2020, exports of goods and services fell by 3.2%.

Diversification of maritime exports is a key factor in increasing the sustainability of the blue economy. Among the most promising areas of development are the cultivation of seaweed and the production of plastic substitutes. World seaweed market in the period 2020-2020 more than tripled from $4.5 billion to $16.5 billion. What's more, seaweed doesn't need fresh water or fertilizer to grow. They can be grown for food, cosmetics and biofuels, and as an alternative to plastic.

UNCTAD experts call for increased international cooperation and increased funding to improve the sustainability of the oceans. Conservation and restoration of mangrove forests, decarbonization of international shipping, sustainable food production and development of wind energy are the main investment priorities. Investments in the above areas of $2.8 trillion are projected to generate a return of $15.5 trillion by 2050.

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Official website dedicated to the Chairmanship of the Accounts Chamber of the Russian Federation in the International Organization of Supreme Audit Institutions (INTOSAI).