World is not on track to reduce vulnerabilities and risks

SDG indicators

Goal 1: End poverty in all its form everywhere
Target 1.5: By 2030, build the resilience of the poor and those in vulnerable situations and reduce their exposure and vulnerability to climate-related extreme events and other economic, social and environmental shocks and disasters.
Indicator 1.5.1: Number of deaths, missing persons and directly affected persons attributed to disasters per 100,000 population.
Indicator 1.5.2: Direct economic loss attributed to disasters in relation to global gross domestic product (GDP).


Goal 9: Build resilient infrastructure, promote inclusive and sustainable industrialization and foster innovation.
Target 9.4: By 2030, upgrade infrastructure and retrofit industries to make them sustainable, with increased resource-use efficiency and greater adoption of clean and environmentally sound technologies and industrial processes, with all countries taking action in accordance with their respective capabilities.
Indicator 9.4.1: CO2 emission per unit of value added.

Persisting increase in greenhouse gas emissions threatens development progress and future generations’ opportunities to live in a sustainable world. Human well-being relies on air, water, land and ecosystems. Achieving the 2030 Agenda and the Paris Agreement requires protecting these resources -—
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We must change course. Continuing the trajectory of climate change, biodiversity loss, pollution and ecosystems degradation will unravel progress on the SDGs, exacerbating hunger, poverty, conflict, disasters, and health crises. The COVID-19 pandemic and other crises showed the fragility of socio-economic progress in the face of shocks -—
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. Without significant changes in our lifestyles and systems, we face severe environmental impacts. Developing economies, with limited capacity for natural resource management, disaster risk reduction, regulation, technology and financing, are particularly vulnerable.

Yet another record-breaking year with emissions

In 2023, climate change indicators hit new records: it was the hottest year ever, with temperatures 1.45°C (± 0.12°C) above the 1850-1900 pre-industrial average -—
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. The alarm extends beyond rising temperatures. “Unprecedented ocean warmth, glacier retreat and Antarctic sea ice loss, is cause for particular concern-—
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. We are nearing the 2015 Paris Climate Agreement limits, which aim to keep temperature increases below 2°C from pre-industrial levels -—
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. Efforts to stay below 1.5°C seem highly unlikely, though not impossible -—
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warns that only an urgent system-wide transformation can achieve the necessary 45 per cent reduction in emissions by 2030 to limit global warming to below 1.5°C.

Greenhouse gas emissions up by 1.4% in 2022 and continue to grow.

Despite efforts, greenhouse gas emissions continued to raise. In 2022, the atmospheric concentrations of the main greenhouse gases, carbon dioxide, methane and nitrous oxide, all reached new record highs – with estimates indicating continued growth in 2023 -—
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. In 2023, total energy-related CO2 emissions (representing roughly 80 per cent of all CO2 emissions) increased by 1.1 per cent, far from falling rapidly to meet the Paris Agreement. The concentration of methane, which is 30 times more potent than carbon dioxide in global warming, saw its highest level in 40 years -—
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; although its growth slowed down somewhat in 2022, it remained above 15 per cent -—
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. Following a temporary 3.6 per cent decline in 2020 during the COVID-19 pandemic (figure 1), total emissions grew by 1.4 per cent in 2022 compared to 2021, reaching 53.8 Gt CO2e, 2.3 per cent higher than pre-pandemic levels in 2019.

Figure 1. Huge cuts are needed, but greenhouse gas emissions continued to increase Figure 1. Huge cuts are needed, but greenhouse gas emissions continued to increase
Greenhouse gas emissions, Gt of CO2e (SDG 9.4.1)

Source: UNCTAD calculations based on EDGAR Community GHG database version 8.0 -—
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for CO2 emissions & greenhouse gases and -—
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Note: Emissions from land-use change are not included. The baseline year for the target path is 2016.

Energy prices stabilized in 2023, yet volatility increases vulnerabilities

Fuel and natural gas prices stabilized in 2023.

Fuel prices surged in 2022, affected by the war in Ukraine and bans on gas and oil imports, reflected as several-fold increase of prices in August 2022. Prices stabilized at the beginning of 2023 (figure 2). This volatility caused significant struggles to households and businesses, setting back progress towards universal energy access as millions could no longer afford electricity -—
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. High fossil fuel prices also increased food prices and disrupted supply chains (see Trade, food security and agriculture). Although fuels and natural gas prices returned to mid-2021 levels, they remained slightly more volatile than food prices. A significant drop in natural gas prices at the start of 2024 may ease pressures on vulnerable populations.

Figure 2. Prices of natural gas and fuels peaked in August 2022, returned to stability Figure 2. Prices of natural gas and fuels peaked in August 2022, returned to stability
Price index (2015=100)

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Low-income countries most affected by disasters

Greenhouse gas emissions from energy use and other sources are driving the growing frequency and intensity of climate-related disasters. According to -—
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, the rapid decline in biodiversity, land degradation, and water resource stress undermines the resilience of human systems, making it harder to cope with escalating disasters.

70 per cent of disasters located in low-income countries.

The number of recorded disasters has increased fivefold over the past 50 years -—
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. Disasters are expected to continue expanding -—
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, along with their impacts on human lives. From 2013 to 2022, an annual average of 1 980 people per 100 000 were directly affected by disasters, a two-thirds increase from 1 169 in 2005-2014 -—
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.1 Despite contributing the least to climate change -—
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, low-income countries have the most exposed populations; 70 per cent of the world’s disasters occur in these countries -—
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. LDCs, LLDCs and SIDS also suffer the highest disaster impacts (figure 3). In LDCs and LLDCs, the number of disaster-related deaths and missing persons (per 100 000 population) was 2.7 times the global average and in SIDS 2.13 times higher -—
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. As population growth continues, developing countries are projected to have even higher numbers of people affected -—
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Figure 3. LDCs, LLDCs and SIDS continue to pay the heaviest human and economic toll of disasters Figure 3. LDCs, LLDCs and SIDS continue to pay the heaviest human and economic toll of disasters
(SDG 1.5.1, SDG 1.5.2)

Source: UNCTAD calculations based on -—
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Disasters’ impacts on human life also arise indirectly. From 2015 to 2022, over 100 000 critical infrastructure units, including schools and hospitals, were damaged or destroyed annually -—
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. More than 12 million educational, health, and basic services were disrupted in the same period -—
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, averaging 1.6 million disruptions per year. The destruction of infrastructure, agricultural land, and productive assets results in loss of income and jobs.

Economic losses from disasters have more than doubled over the past three decades, from an average of $70 billion per year in the 1990s to over $170 billion per year in 2010–2020 -—
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. Since 2020, these losses have been compounded by the COVID-19 pandemic. Between 2015 and 2022, annual economic losses from disasters averaged 0.3 per cent of GDP globally, with LDCs facing losses of almost 2 per cent of GDP and LLDCs 1.2 per cent (figure 3) -—
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At least 1.8 billion people are drought stricken globally.

Droughts are particularly devastating. The Global Drought Snapshot 2023 highlighted an “unprecedented emergency on a planetary scale” due to human-induced droughts starting to unfold -—
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. Drought incidents have doubled in the past 40 years, with their geographic range expanding -—
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. Rising temperatures and disrupted rainfall patterns have increased the number and duration of droughts by 29 per cent since 2000 -—
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. Currently, 1.84 billion people are affected by drought in 101 reporting countries -—
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exacerbating water scarcity for 40 per cent of the world’s population -—
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. In high-income countries, extreme droughts reduce growth by a little less than half the impact felt in developing countries -—
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. In 2022, 2.2 billion people lacked safely managed drinking water services (SDG 6.1.1) -—
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. With rising temperatures droughts also increase food insecurity. Additionally, increased temperatures are estimated to decrease labour productivity by 50 per cent at 34°C, particularly affecting low-income countries relying on agriculture -—
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. In late 2022 droughts, 23 million people in the Horn of Africa experienced severe food insecurity, with 5.1 million children acutely malnourished -—
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. In 2023, the same region suffered substantial flooding -—
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Extreme weather events, such as heavy rainfall and cyclones, are causing increasing coastal and river flooding. Between 1970 and 2019, 31 per cent of economic losses were attributable to flooding -—
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. Without adaptation measures, the value of assets exposed to coastal flooding could reach 12–20 per cent of global GDP by 2100 -—
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and damage caused by riverine flooding with 2°C warming has been projected to increase by 170 per cent -—
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. Global flood damages due to sea-level rise (and related extreme events) could amount to up to $27 trillion per year, or 2.8 per cent of global GDP by 2100 -—
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. For a related discussion, see chapter Transport resilience and sustainability.

Increasing efforts to track vulnerability and build resilience

Globally, 52% of countries were covered by MHEWS by October 2023.

Vulnerability is multidimensional, encompassing climate change, natural disasters, environmental conditions, biodiversity loss, and social and economic risks. In 2022, the United Nations General Assembly initiated efforts to develop the MVI to define vulnerability and support evidence-based policy response, especially to improve access to financing for vulnerable countries -—
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. Initial results indicate that high structural vulnerability and lack of resilience are not significantly associated with low income level -—
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The world is not on track to fully realise its potentials to reduce vulnerabilities and risks, as measured by progress within the Sendai Framework for Disaster Risk Reduction -—
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. Countries are increasingly recognizing the importance of disaster preparedness and risk management: the number of countries that have adopted and implemented national disaster risk reduction strategies (Sendai Framework Target E) disaster risk reduction strategies, following -—
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guidance, has more than doubled from 55 countries in 2015 to 129 countries in 2023. In the meantime, 104 countries established coverage of multi-hazard early warning systems in 2023, representing 53 per cent of all countries in the world (Sendai Framework Target G, map 1). However, less than half of LDCs (20 out of 45 countries) reported having MHEWS, compared to 19 LLDCs (59 per cent) and 14 SIDS (out of 37 reporting SIDS). Despite gaps, the number of LDCs (11 in 2015), LLDCs (9) and SIDS (5) with MHEWS has doubled or tripled since 2015.

Early warning systems are crucial for preventing loss of life as they provide timely and accurate information, enhance communication and monitoring, and offer protocols for disseminating warnings and evacuation orders. Secretary-General António Guterres’s Early Warning for All (EW4ALL) Initiative, launched in 2022, called for close collaboration among UN entities in a global effort to protect everyone on Earth under early warning systems by 2027 -—
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Map 1. 104 countries reporting having Multi Hazard Early Warning Systems, as of October 2023 Map 1. 104 countries reporting having Multi Hazard Early Warning Systems, as of October 2023

Source: -—
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Note: The countries shown in grey on the map could have either i) reported a 0 score, indicating they do not have a MHEWS in place; or ii) they never reported, and may not have such a system in place; iii) they never reported, but may actually have some sort of an early warning system in place; or iv) are dependent territories and detailed data on the existence MHEWS have not been provided.

62 million people previously affected by disasters still without operational early warning systems.

Over 400 million people in LDCs and SIDS now have access to better predictions and warnings for floods, drought, heat waves, and tropical cyclones -—
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. However, progress remains insufficient, with 62 million people in the last two decades living in countries without operational early warning systems. UNCTAD‘s Remoteness Index -—
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shows that geographically remote countries need digital and physical infrastructure investments to ensure connectivity and effective hazard monitoring.

Many remote and developing countries struggle to meet adaptation and mitigation objectives due to financial constraints. These countries are increasingly facing climate-related loss and damage. UNCTAD welcomes the establishment of a Loss and Damage Fund (Loss and Damage Fund, LDF) -—
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, which should provide new, additional, predictable, and adequate financial resources to assist vulnerable developing countries -—
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. This includes funding for rehabilitation, recovery, and reconstruction to address climate change impacts, including from extreme weather events and slow onset processes -—
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. In 2019, the projected costs for loss and damage in developing countries were as high as $435 billion in 2020, expected to reach $580 billion in 2030 -—
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– figures that may now be vastly underestimated due to pandemic impacts and inflation. UNCTAD estimates the need for initial funding of $150 billion a year from the Fund, considering the $109 billion in estimated loss and damage costs for developing countries in 2022. Parties should aim to progressively increase annual replenishment targets, aiming for $300 billion by 2030 -—
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Note

  1. These numbers do not consider people affected by the COVID-19 pandemic.

References

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