Articles for Nations Developing

What’s the controversial $300 billion COP29 climate deal? Why has it angered India, other developing nations?
4 weeks, 1 day ago

What’s the controversial $300 billion COP29 climate deal? Why has it angered India, other developing nations?

Firstpost  

The tumultuous COP29, the UN climate summit, concluded in Azerbaijan’s Baku after talks continued until early Sunday. Developed nations forced a deal agreeing to provide $300 billion a year to the developing world from 2035 in climate finance. Developed nations forced an agreement promising to put together $300 billion a year from 2035 in climate finance. Mukhtar Babayev, COP29 President, …

Finance India Climate Change United Nations Climate Climate Finance Developing Countries
COP29 ends with contentious outcome
1 month ago

COP29 ends with contentious outcome

China Daily  

By HOU LIQIANG | chinadaily.com.cn | Updated: 2024-11-24 21:44 COP29 President Mukhtar Babayev walks during a closing plenary meeting at the COP29 United Nations Climate Change Conference, in Baku, Azerbaijan, Nov 24, 2024. Following two weeks of wrangling between the delegations of developing and developed countries, the COP29 United Nations climate change conference finally concluded, more than 30 hours past …

Finance Climate Change China Change Climate Developing Developing Countries
‘It’s a joke’: $250bn climate finance offer met with scorn at COP29
1 month ago

‘It’s a joke’: $250bn climate finance offer met with scorn at COP29

Al Jazeera  

Vulnerable nations are seeking $1.3 trillion annually to deal with the damage caused by climate change and to adapt. It said developed countries would provide $250bn annually by 2035 to developing or poor nations to deal with damage from climate change and to adapt to that change. Juan Carlos Monterrey Gomez, the representative for Panama, described the $250bn offer as …

Climate Change Climate Developing Countries Countries Nations Cop29 Vulnerable Nations
China praised for climate financial aid
Trending News
1 month, 1 week ago

China praised for climate financial aid

China Daily  

Experts and officials from both domestic and international spheres have praised China's voluntary financial support to developing nations within the South-South cooperation framework, highlighting it as a testament to the largest developing nation's role as a significant and responsible world power. Since 2016, China has provided and mobilized more than 177 billion yuan of financial support to bolster climate initiatives …

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India pitches for $1.3 trillion in annual climate support for developing nations
1 month, 1 week ago

India pitches for $1.3 trillion in annual climate support for developing nations

Live Mint  

Intervening on behalf of like-minded developing countries, India said that developed countries need to commit to provide and mobilise at least $1.3 trillion every year in the New Collective Quantified Goal till 2030. Developing countries require up to $1.5 trillion a year for their unique climate needs and net zero transition, according to various estimates. Also Read: COP29 stresses global …

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Wealthy nations urged to lead climate action
1 month, 1 week ago

Wealthy nations urged to lead climate action

China Daily  

Emphasizing the principle of common but differentiated responsibilities as the foundation of global climate governance, Chinese Vice-Premier Ding Xuexiang has called on developed nations to take the lead in reducing carbon emissions and enhancing climate finance support for developing economies. Addressing the World Leaders Climate Action Summit on Tuesday during the ongoing COP29 climate change conference in Baku, Azerbaijan, he …

Climate Change Support China Change Climate Developing Developing Countries
UN chief expects nations to meet climate finance goal
1 month, 1 week ago

UN chief expects nations to meet climate finance goal

China Daily  

Staff display souvenirs on Monday at the China Pavilion of the 29th session of the Conference of the Parties to the United Nations Framework Convention on Climate Change, or COP29, in Baku, Azerbaijan. DOMINIKA ZARZYCKA/GETTY IMAGES Warning of a grim global warming situation, United Nations Secretary-General Antonio Guterres said he expects to see developed countries beefing up their support for …

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Developed countries should walk the talk on climate
1 month, 2 weeks ago

Developed countries should walk the talk on climate

China Daily  

Driven by nations who've already been hit hard by climate change, there's been a growing consensus that global efforts must be intensified to elevate climate ambitions in order to restrict the rise in temperature this century to well below 1.5 C, thus preventing catastrophic irreversibility. They underscore the critical importance of COP29 in Baku, Azerbaijan, where establishing a New Collective …

Finance Global Climate Developing Climate Finance Developing Countries Nations
Developing Countries Face Greater Climate Finance Risk, Need More Support
2 months ago

Developing Countries Face Greater Climate Finance Risk, Need More Support

The Hindu  

Developing countries face a significant risk due to their geographical factors and reliance on sectors like agriculture, which are particularly sensitive to climate change. Despite contributing relatively little to the cumulative emissions that cause climate change, they require external financing for climate action due to their smaller domestic financial systems and higher costs of capital. The New Collective Quantified Goal …

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UN draft: Developing nations expect trillions for climate mitigation efforts
3 months, 3 weeks ago

UN draft: Developing nations expect trillions for climate mitigation efforts

Hindustan Times  

A draft document on the new climate finance goal, to be negotiated at the UN Climate Conference COP29 in November, indicates developing countries expect contributions in the trillions from developed nations for climate change mitigation efforts. The United States reiterated its stance that contributing to the new fund should be voluntary, and argued that NCQG is separate from UNFCCC provisions, …

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Upcoming COP29 set to prioritize climate finance goal
4 months, 3 weeks ago

Upcoming COP29 set to prioritize climate finance goal

China Daily  

Azerbaijan, the host of the 29th session of the Conference of the Parties to the United Nations Framework Convention on Climate Change, more commonly known as COP29, has vowed to make every effort to ensure a fair and ambitious climate finance goal for developed nations. The 2015 Paris Agreement aims to keep the global temperature rise this century well below …

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Expert: China a good provider of air quality management solutions
10 months, 2 weeks ago

Expert: China a good provider of air quality management solutions

China Daily  

China's success in significantly improving air quality in the past decade while sustaining economic growth, and the quite diversified air pollution control paths in a country with complicated national conditions, has made China a good air quality management solution provider for other developing nations, an expert said. She said that despite differences in national conditions, many developing countries may still …

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Tesla makes big plans for India: May set up factory, make new car for developing nations
11 months, 1 week ago

Tesla makes big plans for India: May set up factory, make new car for developing nations

Hindustan Times  

As India moves closer to drafting a new electric vehicles policy, Tesla is in advanced talks to make an entry into the country and may be open to committing nearly $30 billion in investments, directly and indirectly, over the next five years in a manufacturing plant, and battery ecosystem and ancillary industries, people closely involved with the company’s official business …

India Policy Car Tesla Factory Indian Company
Vantage | How developing countries came to owe a trillion dollars to China
1 year, 1 month ago

Vantage | How developing countries came to owe a trillion dollars to China

Firstpost  

China’s role as the world’s biggest debt collector is a matter of concern, not just for the nations burdened by its loans but also for China itself In recent years, China has emerged as a significant player in the global financial landscape, particularly in the developing world. Economists estimate that Chinese government loans to low-income countries typically have a 2 …

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Developed nations pledge $9.3 billion to global climate fund at gathering in Germany
1 year, 2 months ago

Developed nations pledge $9.3 billion to global climate fund at gathering in Germany

Associated Press  

VIENNA — Developed countries pledged $9.3 billion to help poor nations tackle climate change at a conference held in the German city of Bonn on Thursday, authorities said. A U.S. administration official later said that Washington is “steadfastly committed to President Biden’s pledge to increase U.S. climate finance to help developing countries tackle the urgent threat of climate change but …

Climate Change Change Climate Developing Developing Countries Washington Countries
India will put forth voice of Global South, wrap up inclusive, action-oriented G20 presidency: Kant
1 year, 3 months ago

India will put forth voice of Global South, wrap up inclusive, action-oriented G20 presidency: Kant

Firstpost  

Ahead of the G20 Summit slated to be held in the national capital later this week, under India’s presidency, G20 Sherpa Amitabh Kant on Tuesday said that the crucial summit will successfully put forth the voice of the Global South and also indicated that India was well on its way to becoming the voice of both developing nations and emerging …

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Shifting S. Africa coal plant for clean energy needs millions in loans. Experts say that’s a problem
1 year, 6 months ago

Shifting S. Africa coal plant for clean energy needs millions in loans. Experts say that’s a problem

Associated Press  

MIDDELBURG, South Africa — Plumes of heat-trapping pollutants last billowed from the giant stacks of Komati Power Station in October, when the coal-fired plant that fed South Africa’s hungry electrical grid for more than half a century was shut down to make way for a solar, wind and battery storage plant. Converting Komati to be part of the clean energy …

Finance Global Africa World Clean Energy Climate South Africa
Japan emperor says ties with developing nations key to tackling global challenges
1 year, 6 months ago

Japan emperor says ties with developing nations key to tackling global challenges

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Cooperation with developing countries is …

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India to discuss IPR waiver on Covid vaccines, global trade issues during WTO DG's 3-day visit
3 years, 2 months ago

India to discuss IPR waiver on Covid vaccines, global trade issues during WTO DG's 3-day visit

India Today  

India will hold critical rounds of talks with the World Trade Organisation Director General Ngozi Okonjo-Iweala during her three-day visit, starting Wednesday. During their meetings, Indian ministers are expected to push for India’s proposals to be considered as far as the on-going negotiations in Geneva are concerned.” TOP ITEMS ON INDIA’S AGENDA Removal of restrictions on trade especially in health …

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Developing nations demand equal access to coronavirus vaccines
3 years, 9 months ago

Developing nations demand equal access to coronavirus vaccines

Al Jazeera  

South Africa, India, and more than 100 other nations have called on the World Trade Organization to temporarily waive patents for COVID-19 vaccines, saying they are being prevented from immunising their people. Endorsing requests for a waiver, WHO Director-General Tedros Adhanom Ghebreyesus said earlier this month: “If a temporary waiver to patents cannot be issued now, during these unprecedented times, …

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