Robust and coordinated development cooperation will remain critical to ensure that developing countries can weather the storm and accelerate sustainable development of their economies
Gender gaps remain pervasive worldwide, constraining economic potential; most countries are not on track to achieve the SDG target 8.5 ?equal pay for work of equal value? by 2030; eliminating gender inequalities requires legal reforms, financial incentives and shifts in societal attitudes
According to the WESP 2020, sluggish global growth threatens sustainable development; 1 in 5 countries will see per capita incomes stagnate or decline this year, notably in Africa, Latin America and parts of Western Asia; across the world, many policies continue to encourage the use of fossil fuels
The global economy has suffered a significant slowdown amid prolonged trade disputes and wide-ranging policy uncertainties. Economists warn that economic risks could inflict severe and long-lasting damage on development prospects.
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