Climate and conflict collide on the high seas: UN warns of soaring costs and delays

adminFebruary 22, 2024September 18, 202405 mins

In a new study, the UN Conference on Trade and Development (UNCTAD) estimated that over the past two months, the volume of trade through the Suez Canal has fallen by a whopping 42 per cent. “With major players in the shipping industry temporarily suspending Suez transits, weekly container ship transits have fallen by 67 per…

FAO report reveals hidden costs of agrifood systems

adminNovember 6, 2023September 17, 202405 mins

The figure represents nearly 10 per cent of global Gross Domestic Product (GDP), according to the 2023 edition of The State of Food and Agriculture (SOFA) – the agency’s flagship report – which covers 154 countries. Acknowledgment and action It introduces the concept of the hidden costs and benefits of agrifood systems, offering a framework through which…