Greater global unity key to sustainable growth

Copies of the "Global Development Report 2024". Global unity and cooperation are essential for tackling today's complex challenges and building a sustainable future for all, experts from home and abroad said at the launch of the Global Development Report 2024 in Beijing on Friday. "All these solutions point in one direction: what is needed is greater global cooperation to achieve inclusive, fair, ecologically sustainable and people-centered development to benefit all the people on planet Earth," said Sudheendra Kulkarni, founder and chairman of the Forum for a New South Asia. Speaking about China's green development, Arkebe Oqubay, former senior minister and special adviser to the former Prime Minister of Ethiopia, said that China, as a global green powerhouse, has reduced transformation costs by over 90 percent, significantly lowering barriers to adopting green development strategies for other countries. Meanwhile, global trade should play an important role in solving global challenges, not in contributing to them, said Ralph Ossa, chief economist and director of the Economic Research and Statistics Division at the World Trade Organization, adding that importing goods from countries with lower carbon emissions enhances the efficiency of global supply chains and protects the environment, providing a tangible strategy to address climate change.