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Following the unprecedented changes in the trade policy of the United States, LDCs must contend simultaneously with significantly higher bilateral tariffs, policy uncertainty, lower growth prospects in many importing countries, a potential re-alignment of supply chains, and a disruption to the existing
multilateral order.
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Department of Economic and Social Affairs
Economic Analysis
For 153 countries, we estimate the potential of recovering/recycling six energy transition critical minerals—aluminium, cobalt, copper, lithium, nickel and rare earth elements—from their waste and scrap, if these countries have access to the latest technologies.
On 10 June, at its Management Segment, ECOSOC adopted its resolution on the report of the Committee for Development Policy (CDP) at its 27th session.
The global economic outlook as of mid-2025 has deteriorated notably, according to the latest World Economic Situation and Prospects (WESP) update. Global growth is now forecast to slow to 2.4 per cent in 2025, down from 2.9 per cent in 2024 and 0.4 percentage points below the January forecast.
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For 153 countries, we estimate the potential of recovering/recycling six energy transition critical minerals—aluminium, cobalt, copper, lithium, nickel and rare earth elements—from their waste and scrap, if these countries have access to the latest technologies.
Following the unprecedented changes in the trade policy of the United States, LDCs must contend simultaneously with significantly higher bilateral tariffs, policy uncertainty, lower growth prospects in many importing countries, a potential re-alignment of supply chains, and a disruption to the existing
multilateral order.
The global economic outlook as of mid-2025 has deteriorated notably, according to the latest World Economic Situation and Prospects (WESP) update. Global growth is now forecast to slow to 2.4 per cent in 2025, down from 2.9 per cent in 2024 and 0.4 percentage points below the January forecast.
A sudden escalation of trade tensions has sent shockwaves through the global economy, dampening growth prospects while fueling uncertainty and inducing financial market volatility.
