UNCTAD

STAX Engineering Launches First Multi-Port Maritime Emissions Capture and Control System in California

Retrieved on: 
Tuesday, February 13, 2024

LONG BEACH, Calif., Feb. 13, 2024 (GLOBE NEWSWIRE) -- STAX Engineering , a leader in maritime emissions capture and control, today launched the first multi-port emissions reduction operation in California at the Ports of Los Angeles, Long Beach, and Oakland.

Key Points: 
  • LONG BEACH, Calif., Feb. 13, 2024 (GLOBE NEWSWIRE) -- STAX Engineering , a leader in maritime emissions capture and control, today launched the first multi-port emissions reduction operation in California at the Ports of Los Angeles, Long Beach, and Oakland.
  • At full scale, STAX is on track to treat more than 1,000 tons of shipping emissions per year by 2025.
  • As an accessible and immediately viable alternative, STAX offers land- and barge-based, mobile emissions capture and control technology to shipping terminal and fleet operators for a nominal hourly fee.
  • STAX attaches to at-berth vessels through its patented, flexible exhaust capture system designed to accommodate all ships without modification—even in the most congested ports.

The macroeconomic effects of global supply chain reorientation

Retrieved on: 
Saturday, February 10, 2024
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We analyse the macroeconomic

Key Points: 
    • We analyse the macroeconomic
      effects of supply chain reorientation through localisation policies, using a global dynamic
      general equilibrium model.
    • While arguments about comparative advantage, the potential forgone benefits of international specialisation and industry- and product-specific disruptions are familiar, there is less
      analysis on the macroeconomic effects of supply chain changes resulting from localisation policies.
    • The large sensitivity of the global economy to the recent supply chain shocks suggests that
      the international trade reconfiguration implied by localisation policies could also have sizable
      impacts on key macroeconomic variables such as output, employment and inflation.
    • Thus, localisation focuses on the
      goods in our model most closely related to global supply chains.
    • Retaliation also attenuates any positive effects from
      reshoring on output and implies a reduction in the volume of overall international trade.
    • This finding calls for limiting the scope of reshoring, such as by focusing on vital goods that are
      most susceptible to supply chain disruptions.
    • Either that, or the economic costs are considered a worthwhile trade-off for an increase
      in security of supply, for example.
    • While arguments about comparative advantage, the potential forgone benefits of international specialisation and industry- and product-specific disruptions are familiar, there is less
      analysis on the macroeconomic effects of supply chain changes resulting from localisation policies.
    • Recent supply chain shocks have had large effects, with disruptions in 2021 estimated
      to have reduced euro area GDP by around two percent and doubled the rate of manufacturing producer inflation (Celasun et al., 2022).
    • To analyse this issue, we simulate a (partial) reshoring of production back to Europe in
      a global dynamic general equilibrium framework.
    • Thus,
      localisation focuses on the goods in our model most closely related to global supply chains.3 We
      model reshoring through a direct change to the export goods? production-function parameters.
    • Since reshoring
      effectively shortens the supply chain, the sum of markups along the chain falls.
    • This means that imports that are at the end of the supply chain (i.e.
    • In particular, our work relates to papers examining the potential for countries to reduce
      their exposure to global supply chains.
    • (2021) demonstrate that reduced reliance on foreign inputs does not mitigate pandemicinduced contractions in labour supply.
    • (2021) find no evidence of a relationship
      between global value chain integration and macroeconomic volatility.
    • This dynamic, along with factors such as natural disasters, climate-change
      induced volatility and terrorism mean that supply chain disruptions could be a new normal
      (Grossman et al., 2021).
    • Our work contributes to the literature providing dynamic general equilibrium analyses of
      protectionist policies, in particular those using global macroeconomic models to quantify trade
      policy changes.
    • (2008) analyse the effect of a rise in protectionism in response
      to rising global trade imbalances.
    • Linde? and Pescatori (2019) find that although the macroeconomic costs of a
      trade war are substantial, a fully symmetric retaliation is the best response.
    • (2020) consider a rich input-output structure and demonstrate that closer integration amplifies
      the adverse effects of protectionist trade policies.
    • Several recent studies have also examined the economic effects of a global trade fragmentation.
    • First, we modify a dynamic general
      equilibrium model of the global economy in order to analyse the transmission of localisation
      policies.
    • This allows for a comprehensive treatment of cross-border macroeconomic interdependences and spillovers between the different regions.
    • 4

      There is, however, substantial cross-country heterogeneity in terms of impact, with small open economies
      (SOEs) reliant on global supply chains more affected.

    • ECB Working Paper Series No 2903

      7

      Second, we are able to assess both long-run effects and the transition dynamics of localisation
      policies.

    • Our model contains a detailed monetary block and captures inflation dynamics, which is a key
      concern for supply chain reorientation.
    • Overall, our paper contains a careful analysis of the key aspects of the localisation debate,
      including effects of localisation on domestic competition and efficiency.
    • Section 2 provides a brief overview of the model, the modifications to examine
      global supply chain reorientation, some key details on the calibration and a brief discussion of
      the nature of our exercise.
    • (2020) for discussions of the relative strengths and weaknesses of
      trade and macroeconomic models in assessing large economic shocks.
    • 2.1

      Supply chain reorientation

      Our analysis focuses on imported inputs used to produce goods for export, as the introduction
      of localisation policies is in response to recent disruptions to global supply chains.

    • Since reshoring
      effectively shortens the supply chain, the sum of markups along the chain falls.
    • Further to
      these effects, engagement with global firms provides an opportunity for knowledge spillovers to
      local firms (Criscuolo et al., 2017).
    • This finding calls for limiting the scope of reshoring, such as by focusing on vital goods that are
      most susceptible to supply chain disruptions.
    • (B12)

      Adjusting the share of local inputs in export goods, of course, affects prices and quantities all
      along the supply chain.

Greece Construction Industry Report 2023: Commercial, Industrial, Infrastructure, Energy, Institutional and Residential Market Size, Analysis by Sector, Competitive Landscape and Forecast 2018-2027 - ResearchAndMarkets.com

Retrieved on: 
Friday, January 26, 2024

The "Greece Construction Market Size, Trend Analysis by Sector, Competitive Landscape and Forecast to 2027" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Greece Construction Market Size, Trend Analysis by Sector, Competitive Landscape and Forecast to 2027" report has been added to ResearchAndMarkets.com's offering.
  • An improvement in the tourism and hospitality sectors, coupled with rising foreign direct investment (FDI) has also been a supporting factor.
  • Historical (2018-2022) and forecast (2023-2027) valuations of the construction industry in Greece, featuring details of key growth drivers.
  • Analysis of the mega-project pipeline, including breakdowns by development stage across all sectors, and projected spending on projects in the existing pipeline.

India to lead worldwide consumer growth with 31% of new consumers; digital economy to surpass US$1 trillion in LatAm and Africa

Retrieved on: 
Thursday, January 25, 2024

After Asia, Africa and Latin America are, respectively, the second and third regions to add more people, per the World Data Lab.

Key Points: 
  • After Asia, Africa and Latin America are, respectively, the second and third regions to add more people, per the World Data Lab.
  • Over half of the population in these regions already embraces digital payments, positioning them as central to economic growth and consumer access.
  • "There is a solid demographic reason for this: rising economies have a young and growing population, contrasting developed regions.
  • Also emerging as strong contenders are Mexico, Colombia, and Peru, which display annual growth rates of around 30% for digital commerce.

China International Import Expo welcomes more global firms to explore vast opportunities

Retrieved on: 
Monday, January 15, 2024

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20240114331755/en/
    The sixth China International Import Expo was successfully held in Shanghai from Nov 5-10, 2023.
  • "It aims to help global companies, especially those from least developed and developing countries, unlock trade potential and seize market opportunities."
  • The value of intended deals inked during the six-day expo was $78.41 billion, 6.7 percent higher than the previous year.
  • The Country Exhibition allowed 72 countries and international organizations to showcase their scientific and technological achievements, culture and art.

China International Import Expo welcomes more global firms to explore vast opportunities

Retrieved on: 
Monday, January 15, 2024

"The CIIE demonstrates China's support for the UN's 2030 Agenda for Sustainable Development," said Sun Chenghai, deputy director of the CIIE Bureau.

Key Points: 
  • "The CIIE demonstrates China's support for the UN's 2030 Agenda for Sustainable Development," said Sun Chenghai, deputy director of the CIIE Bureau.
  • "It aims to help global companies, especially those from least developed and developing countries, unlock trade potential and seize market opportunities."
  • The sixth CIIE, which concluded on November 10, 2023 in Shanghai, welcomed participants from 154 countries, regions and international organizations, and yielded record-breaking deals.
  • The value of intended deals inked during the six-day expo was $78.41 billion, 6.7 percent higher than the previous year.

China International Import Expo welcomes more global firms to explore vast opportunities

Retrieved on: 
Monday, January 15, 2024

"The CIIE demonstrates China's support for the UN's 2030 Agenda for Sustainable Development," said Sun Chenghai, deputy director of the CIIE Bureau.

Key Points: 
  • "The CIIE demonstrates China's support for the UN's 2030 Agenda for Sustainable Development," said Sun Chenghai, deputy director of the CIIE Bureau.
  • "It aims to help global companies, especially those from least developed and developing countries, unlock trade potential and seize market opportunities."
  • The sixth CIIE, which concluded on November 10, 2023 in Shanghai, welcomed participants from 154 countries, regions and international organizations, and yielded record-breaking deals.
  • The value of intended deals inked during the six-day expo was $78.41 billion, 6.7 percent higher than the previous year.

The Sixth CIIE Concludes With a Bumper Harvest

Retrieved on: 
Wednesday, December 6, 2023

The sixth CIIE also welcomed over 750 trade missions.

Key Points: 
  • The sixth CIIE also welcomed over 750 trade missions.
  • The sixth Hongqiao International Economic Forum, which included 22 sub-forums, had a record attendance of more than 8,000 participants.
  • The seventh edition of the CIIE is now gearing up for a new round of global road shows from December 4 to 12.
  • So far, more than 100,000 square meters of exhibition area has already been booked for the seventh CIIE in 2024.

Impact Disclosure Taskforce Created to Scale Financing of the United Nations Sustainable Development Goals

Retrieved on: 
Tuesday, November 28, 2023

The Taskforce also intends to explore mechanisms for disseminating and analyzing this entity-level impact information to promote transparency and accountability.

Key Points: 
  • The Taskforce also intends to explore mechanisms for disseminating and analyzing this entity-level impact information to promote transparency and accountability.
  • The Taskforce also obtains input from public development banks including the Asian Development Bank (ADB), the French Agency for Development (AFD), and the United States International Development Finance Corporation (DFC), as well as from the Global Impact Investing Network (GIIN), members of the Global Investors for Sustainable Development Alliance (GISD), and Linklaters.
  • Collaborating to provide suggested guidance on standardized impact metrics for development finance will allow entities to more clearly communicate their contribution towards the SDGs.
  • We are working to support greater impact disclosures and ultimately attract more sustainable finance capital to emerging markets and developing countries.”

Global Ballast Water Treatment Technologies and Markets Report 2023: Key Player Profiles of Alfa Laval, Bio-UV, Bio-Microbics, Ecochlor, JFE Engineering, Kuraray, Mitsubishi and More - ResearchAndMarkets.com

Retrieved on: 
Friday, November 24, 2023

The "Ballast Water Treatment: Technologies and Global Markets" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Ballast Water Treatment: Technologies and Global Markets" report has been added to ResearchAndMarkets.com's offering.
  • Nearly 5 billion tons of ballast water is globally transported through shipping vessels each year.
  • The transfer of aquatic nuisance species in ballast water is a problem that affects global shipping and the environment.
  • The ballast water treatment technologies market is segmented by:
    Ballast water capacity: More than 5,000, 1,500-5,000 and less than 1,500.