Tag: Developing countries
Financing Green Development in the Global South Amid Trump’s Aid Cuts and Market Turmoil
Funders of climate and development action face a gargantuan task at key gatherings over the coming weeks: working out how to move ahead when the world’s biggest aid donor is turning off the tap...
Fragile States Unite to Address Climate Finance Gap
A group of fragile states, including Chad, Iraq, Somalia, and Yemen, have banded together to address the urgent need for climate finance to combat the escalating impacts of climate change. These countries, often overlooked...
Malawi faces increased vulnerability to climate change due to aid cuts.
Malawi Struggles with Climate Change Amid Foreign Aid CutsMalawi, a country ravaged by the impacts of climate change, is facing increased vulnerability due to cuts in overseas aid, particularly from the United States. President...
Achieving $300 Billion Climate Finance Goal at Fractious COP29: Impact on PoorestCountries
Rich Nations Commit to $300 Billion Climate Finance Goal at COP29After intense negotiations at the COP29 climate summit held in Baku, rich nations have agreed to provide at least $300 billion annually by 2035...
World Bank Raises $100 Billion for Poorest Countries – Impact and Future Initiatives
The World Bank Raises $100 Billion for Poorest Countries - A Game-Changer in Climate Resilience FinancingIn a groundbreaking move, donor countries have stepped up to pledge $23.7 billion to the International Development Association (IDA)...
