Global Economic Prospects and Climate Imperative: Navigating Growth Amid Uncertainty
Introduction The global economy is on a path of cautious recovery, as evidenced by the recent World Economic Situation and Prospects (WESP) mid-2024 update. According to the United Nations’ report, global growth is expected to reach 2.7% in 2024 and 2.8% in 2025. This modest optimism stems from better-than-anticipated performance in major developed and emerging economies….