World Investment Report 2024

Current Context : Recently, World Investment Report 2024 is released.

• Published byUN Trade and Development (UNCTAD).

RELEVANT DATA

• Mobilization of funds for SDG investment through sustainable finance products is slowing down.
• Foreign direct investment (FDI) flows declined by 2% globally in 2023.
• In 2023, India’s FDI has dropped by 43 percent as compared to 2022.
• In developing countries FDI fell by 7 per cent to $867 billion. 
• In developing Asia it fell by 8 percent to $621 billion. 

ABOUT UNCTAD

• It is a permanent intergovernmental body.
• Established in 1964 by United Nations General Assembly (UNGA)
• Aim : to promote trade, investment and development of the developing countries.
• It supports developing countries to access the benefits of a globalized economy more fairly and effectively.
• Headquarters: Geneva, Switzerland