UNCTAD’s Technology and Innovation Report 2023

Recently, the United Nations Conference on Trade and Development (UNCTAD) released the Technology and Innovation Report 2023.

  • It highlights the opportunities that green innovation – goods and services with smaller carbon footprints – offer developing countries to spur economic growth and enhance technological capacities.

Key Findings

  • A Significant Increase: The market for environmentally-friendly technologies would quadruple in value by 2030, reaching $2.1 trillion.
  • Global Trade in 2023: Global trade will stagnate in the first half of 2023 but may get a boost in the second half of the year due to a weaker US dollar, stabilized shipping costs, and fewer supply chain ....
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