{"id":112251,"date":"2021-06-14T18:37:24","date_gmt":"2021-06-14T13:07:24","guid":{"rendered":"https:\/\/blog.forumias.com\/?p=112251"},"modified":"2021-06-14T18:37:24","modified_gmt":"2021-06-14T13:07:24","slug":"small-island-developing-states-faced-most-gdp-loss-in-2020-un-report","status":"publish","type":"post","link":"https:\/\/forumias.com\/blog\/small-island-developing-states-faced-most-gdp-loss-in-2020-un-report\/","title":{"rendered":"&#8220;Small Island Developing States&#8221; faced most GDP loss in 2020: UN report"},"content":{"rendered":"\n<p><strong>What is the News?\u00a0<\/strong>The United Nations Conference on Trade and Development(UNCTAD) has released a report titled \u201cDevelopment and Globalization: Facts and Figures\u201d. The report highlights the numerous challenges faced by Small Island Developing States (SIDS).<\/p>\n<h5><strong>Key Findings of the Development and Globalization: Facts and Figures Report:<\/strong><\/h5>\n<ul>\n<li><strong>Small island developing states(SIDS) <\/strong>faced thrice as much fall in Gross Domestic Product(GDP) in 2020 as other developing countries.\n<ul>\n<li><strong>SIDS <\/strong>GDP is expected to decline by 9% in 2020 compared to 3.3% for developing countries.<\/li>\n<\/ul>\n<\/li>\n<li><strong>The SIDS countries <\/strong>were also 35% more vulnerable to external economic and financial shocks than other developing countries.<\/li>\n<li><strong>Moreover, COVID-19<\/strong> has affected all spheres of life in SIDS including health, the economy, and trade.\n<ul>\n<li><strong>For instance,<\/strong> COVID-19 has affected tourism services across the world. This has had a huge impact on SIDS as most of them are heavily reliant on tourism.<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<h5><strong>What is Small island developing states(SIDS)?<\/strong><\/h5>\n<ul>\n<li><strong>Small Island Developing States(SIDS) <\/strong>are a distinct group of 38 UN Member States and 20 Non-UN Members\/Associate Members of UN regional commissions that face unique social, economic, and environmental vulnerabilities.\n<ul>\n<li><strong>Maldives<\/strong> is one of the Small Island Developing States(SIDS).<\/li>\n<\/ul>\n<\/li>\n<li><strong>They were recognized<\/strong> as a distinct group of developing countries in June 1992 at the UN Conference on Environment and Development.<\/li>\n<li><strong>The geographical regions<\/strong> in which SIDS are located are the Caribbean, the Pacific, and the AIS (Atlantic, Indian Ocean and South China Sea).<\/li>\n<li><strong>The Barbados Programme <\/strong>of Action was produced in 1994 in order to assist the SIDS in their sustainable development efforts.<\/li>\n<li><strong>The United Nations Office<\/strong> of the High Representative for the Least Developed Countries, Landlocked Developing Countries and Small Island Developing States (UN-OHRLLS) represent this group of states.<\/li>\n<\/ul>\n<h5><strong>Why are Small Island Developing States are unique?<\/strong><\/h5>\n<ul>\n<li><strong>SIDS countries<\/strong> are unique as most of them hardly emit greenhouse emissions but are the first to suffer the impacts of climate change.<\/li>\n<li><strong>Many of them<\/strong> are low-lying, situated just five metres above sea level. This makes them vulnerable to sea-level rise, storm surges and coastal destruction.\n<ul>\n<li><strong>According to the 2020 Environmental Vulnerability Index<\/strong>, 4 of the top 10 most environmentally vulnerable countries in the world are SIDS.<\/li>\n<\/ul>\n<\/li>\n<li><strong>According to the United Nations report <\/strong>on World Population Prospects 2019, many SIDS countries would not be able to achieve Sustainable Development Goals by 2030 because of increasing populations and climate risks.<\/li>\n<\/ul>\n<p><strong>Source: <\/strong><a href=\"https:\/\/www.downtoearth.org.in\/news\/health\/small-island-states-faced-thrice-as-much-fall-in-gdp-in-2020-as-other-developing-countries-un-77408\"><strong>Down To Earth<\/strong><\/a><\/p>\n<p><strong>\u00a0<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>What is the News?\u00a0The United Nations Conference on Trade and Development(UNCTAD) has released a report titled \u201cDevelopment and Globalization: Facts and Figures\u201d. The report highlights the numerous challenges faced by Small Island Developing States (SIDS). Key Findings of the Development and Globalization: Facts and Figures Report: Small island developing states(SIDS) faced thrice as much fall&hellip; <a class=\"more-link\" href=\"https:\/\/forumias.com\/blog\/small-island-developing-states-faced-most-gdp-loss-in-2020-un-report\/\">Continue reading <span class=\"screen-reader-text\">&#8220;Small Island Developing States&#8221; faced most GDP loss in 2020: UN report<\/span><\/a><\/p>\n","protected":false},"author":61,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[1566,1351,1310,164,9],"tags":[1420,1439],"class_list":["post-112251","post","type-post","status-publish","format-standard","hentry","category-daily-factly-articles","category-daily-news","category-daily-news-updates","category-international-relations-daily-factly-articles","category-public","tag-ir_3","tag-ir_4","entry"],"jetpack_featured_media_url":"","views":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/112251","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/users\/61"}],"replies":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/comments?post=112251"}],"version-history":[{"count":0,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/112251\/revisions"}],"wp:attachment":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/media?parent=112251"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/categories?post=112251"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/tags?post=112251"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}