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World Economic Situation and Prospects 2020

image of World Economic Situation and Prospects 2020

This is the United Nations definitive report on the state of the world economy, providing global and regional economic outlook for 2020 and 2021. Produced by the Department of Economic and Social Affairs, the five United Nations regional commissions, the United Nations Conference on Trade and Development, with contributions from the UN World Tourism Organization and other intergovernmental agencies.

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Macroeconomic prospects and the 2030 agenda: Economics of energy transition

A wide gap remains between today’s world and a world in which the energy system underpinning economic activity is compatible with global goals for climate protection, energy access and clean air. The rise in living standards over the past century has relied heavily on the depletion of the world’s natural resources and the burning of fossil fuels to power growth. This economic model is clearly no longer viable, as evidenced by the accelerating pace of environmental degradation, rising greenhouse gas (GHG) emissions, and the increasing intensity and frequency of extreme weather events.

English

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