Keywords: Developing countries
The United Nations Development Programme (UNDP) has warned that the economic impact of the ongoing conflict in the Middle East could push global fossil fuel subsidies to more than $1.1 trillion in 2026, placing additional financial pressure on developing economies and limiting investment in long-term......
The 2025 G20 summit in Johannesburg marked the first time the gathering was held on African soil, with leaders from 18 of the world's major economies convening despite a US boycott. The United States, led by President Donald Trump, chose not to participate, citing unsubstantiated claims of racial......
Billionaires in the G20 countries earned a staggering $2.2 trillion in 2024, an amount that surpasses the $1.65 trillion needed to lift 3.8 billion people out of poverty worldwide, according to a report by Oxfam released ahead of the G20......
Morocco has intensified its call for stronger and legally binding climate finance commitments during a preparatory meeting for COP30 in Belém, Brazil. As the host nation works to close key divides before next year’s summit, Rabat......
China expressed strong support on Thursday for the advisory opinion issued by the International Court of Justice (ICJ), which opens the door for countries suffering from climate change impacts to seek reparations from nations that fail to meet their climate obligations. “This advisory opinion......
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