Wealthy countries continue to take a top-down approach to development interventions, especially for climate finance, which tends to be earmarked for mitigation initiatives. Instead, they must boost ...

DHAKA: The growing costs of the climate crisis are forcing developing nations to make painful choices, compelling them to pay off debts rather than spend money on crucial services like health and ...

COVID-19 taught the world that establishing novel financial mechanisms in the midst of a pandemic is practically impossible. That is why multilateral development banks must develop the necessary ...

Transport is crucial for the economic and social development of nations. However, it’s also a major contributor to greenhouse gas emissions. Developing countries are now facing the challenge of ...

The world is in the midst of a financing crisis.\xa0As world leaders work to mobilize trillions of dollars to meet climate and development goals, expensive public debt is limiting governments’ ability ...

First Preparatory Committee meeting of the Fourth International Conference on Financing for Development concludes in Addis Ababa with renewed focus on bridging gaps in SDG financing and delivering ...

Jodi-Ann Jue Xuan Wang received funding to attend Cop29 from the London School of Economics Grantham Research Institute on Climate Change and the Environment, where she also conducts research as a ...

NEW YORK, Sept 29 (Reuters) - Leaders of developing countries threatened by climate change told rich nations at the United Nations General Assembly that they are falling far short of promises to fund ...