Commodities and development report 2019: commodity dependence, climate change and the Paris Agreement
The 2019 edition of the Commodities and Development Report is titled "Commodity Dependence, Climate Change and the Paris Agreement". It seeks to further the understanding of the interactions between climate change and the commodity sectors. The report highlights the challenges that commodity dependent developing countries (CDDCs) face as they manage their natural resource sectors in the context of the Paris Agreement. It also explores some potential benefits that might arise from climate change mitigation and adaptation. The report recommends that CDDCs should reduce their strong economic dependence on natural resources through economic and export diversification. Acknowledgement of the limited capabilities of CDDCs to cope with mitigation and adaptation challenges implies that CDDCs require a unique set of incentives as well as financial, technical and institutional assistance to cope with the challenges associated with the climate crisis.