strategy

Compensating developing countries for shortfalls in commodity export earnings

Implementation:
This strategy features in the framework of Agenda 21 as formulated at UNCED (Rio de Janeiro, 1992), now coordinated by the United Nations Commission on Sustainable Development and implemented through national and local authorities.

Compensation mechanisms for short-falls in commodity export earnings of developing countries would continue to be applied. [Inter alia] this would encourage diversification efforts.

Values:
Shortfall
Type Classification:
E: Emanations of other strategies
Related UN Sustainable Development Goals:
GOAL 8: Decent Work and Economic GrowthGOAL 12: Responsible Consumption and Production