Tech Offers Climate & Development Benefits: UNCTAD

Green technologies such as artificial intelligence, the Internet of Things and electric vehicles are growing rapidly and could create a market of over $9.5 trillion by 2030. But most of the benefits are going to developed countries.

UNCTAD’s Technology and Innovation Report 2023 to be published on 16 March examines why it’s important for developing countries to act now to benefit more from green tech to catch up economically while tackling climate change.

But this will only be possible through the right national policies and global cooperation to ensure consistency across international agreements on trade, intellectual property and climate change.

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