The Latest Breaking News from Developing Countries

Recent estimates suggest that the developing world will need US$1 trillion of external climate finance annually by 2025, and $2.4 trillion per year by 2030, to meet the goals enshrined in the Paris climate agreement. But these targets will not be met unless international financial institutions and governments create stronger…

Corruption is undermining the management of some of the world’s most threatened fishing grounds

International capital flows have long been a major source of economic growth. Savings in higher-income countries have financed high-yielding investments in low-income countries, generating benefits for all. After World War II, capital flows under the Marshall Plan drove the rapid reconstruction of Europe, and after those countries recovered, they extended…

Food loss and waste are major problems around the world. When food is tossed aside or allowed to spoil, it makes economies less productive and leaves people hungry.

A pledge that developing countries won’t wear the costs of ships going green will this year go before the International Maritime Organization. 

At last week's virtual summit organised by Indian Prime Minister Narendra Modi to gather input from members of the Global South, Thailand diligently reached out to the world's developing and less developing countries with a holistic approach focusing on human security and balanced development.

India has convened a virtual summit of developing countries to evolve a strategy for a redress of their economic woes from the developed world

The world is embroiled in a mega-crisis comprising the Covid-19 pandemic, Russia's war in Ukraine, high inflation, recession fears and rising debt distress across emerging markets and developing countries. The last thing we need is an additional source of economic harm. But that's what we may get, in the form…

A top foreign ministry official says India will host a virtual summit of over 120 developing countries next week to share their economic woes