UNCTAD AND SDGs (Syllabus: GS Paper 3 – Economy)

Context: A recently released analysis by the UN Conference on Trade and Development (UNCTAD) estimates that the cost of Sustainable Development Goals indicators linked to the shift towards sustainable food systems will be approximately $6.1 trillion annually until 2030.

SDGs Goal

• About: It is the universal call to action to end poverty, protect the planet, and ensure that all people enjoy peace and prosperity.
• Adopted by: United Nations in 2015 
• Vision: To achieve a better and more sustainable future for all. 
• The 17 SDGs came into force with effect from 1st January 2016 as a part of 2030 Agenda for Sustainable Development.

o India is one of the signatory countries that has committed to achieving these goals by 2030.

UNCTAD

• Establishment: In 1964
• Aim: To promote trade, investment, and development in developing countries.
• Permanent Organ: United Nations (UN) General Assembly.
• Headquarters: Geneva, Switzerland.
• It organizes: World Investment Forum
• Member Countries: 195 members.
• Conference Meeting: Every four years to set policy guidelines and to formulate a program of work.
• Publishes Reports: Trade and Development Report, World Investment Report, The Least Developed Countries Report, Information and Economy Report, Technology and Innovation Report & Commodities and Development Report