The economic crisis caused by the COVID pandemic is expected to contribute to global unemployment of more than 200 million people next year, with women and youth workers worst-hit, UN labour experts said on Wednesday.
The International Labour Organization (ILO) also maintained in a new report that although the world’s nations “will emerge” from the ongoing health crisis, “five years of progress towards the eradication of working poverty have been undone” nonetheless.
“We’ve gone backwards, we’ve gone backwards big time,” said ILO Director-General Guy Ryder. “Working poverty is back to 2015 levels; that means that when the 2030 Sustainable Development Agenda was set, we’re back to the starting line.”
The worst-affected regions in the first half of 2021 have been Latin America and the Caribbean, Europe and Central Asia, all victims of uneven recovery.
They’ve seen estimated working-hour losses exceed eight per cent in the first quarter and six per cent in the second quarter, far higher than the global average (of 4.8 and 4.4 per cent respectively). More
COVID-19 has led to a global crisis threatening the lives and livelihoods of the most vulnerable by increasing poverty, exacerbating inequalities, and damaging long-term economic growth prospects. The report, Are We Building Back Better? Evidence from 2020 and Pathways for Inclusive Green Recovery Spending, provides an analysis of over 3500 fiscal policies announced by leading economies in 2020 and calls for governments to invest more sustainably and tackle inequalities as they stimulate growth in the wake of the devastation wrought by the pandemic. More
The United Nations, United Kingdom and France are proud to co-convene the Climate Ambition Summit 2020, in partnership with Chile and Italy on 12 December, exactly five years since the adoption of the Paris Agreement.
The Summit is a major step on the road to the next UN Climate Conference, COP26, which will be hosted by the UK next November in Glasgow. It will provide leaders with a global platform to showcase commitments to tackle climate change. Continue reading
As in other parts of the world, the health, economic and political impact of COVID-19 has been significant across Southeast Asia — hitting the most vulnerable the hardest. The pandemic has highlighted deep inequalities, shortfalls in governance and the imperative for a sustainable development pathway. And it has revealed new challenges, including to peace and security. More
The immediate introduction of a Temporary Basic Income for the world’s poorest people could slow the current surge in COVID-19 cases by enabling nearly three billion people to stay at home, according to a United Nations Development Programme (UNDP) report named Temporary Basic Income: Protecting Poor and Vulnerable People in Developing Countries .