Page 23 - Developing Countries News Today

Late last week, more than 70,000 delegates from nearly every nation in the world met in Dubai, United Arab Emirates, to begin a two-week climate conference known as the Conference of Parties, or COP28. On the first day of the conference, world nations approved an initial draft of a Loss and Damages Fund, where richer countries will pay towards a fund that can be accessed by developing countries that are particularly vulnerable to the adverse effects of climate change. The United States committ...

The World Bank is evolving to take bolder steps toward ending poverty on a livable planet. In December 6, tune in to hear leaders speak from Zanzibar, Tanzania at the mid-term review of IDA’s ongoing financing cycle (IDA20).

Dr Carissa Etienne, former Director of the Pan American Health Organisation (PAHO) and the World Health Organisation’s (WHO) Regional Director for the Americas died on December 1. The 71-year-old from Dominica passed away in the United States in the early hours of Friday morning. Dr Etienne reportedly collapsed in her bathroom during the night and was rushed to hospital by ambulance where she died a short time later. Dr Etienne …

/PRNewswire/ -- Nordic countries and the United States launch the Investment Mobilization Collaboration Arrangement (IMCA) a new blended finance collaboration...

Rich countries must bear responsibility for the climate crisis and help developing nations end their reliance on fossil fuels.

Money is a very big sticking point at this year’s United Nations climate summit. Part of the problem is that American promises often go unmet.

The COP28 climate talks have been flooded with announcements hyping controversial carbon credits before rules for them have been hammered out, with environmental groups fearing "greenwashing" on a massive scale.- Vagueness - Many different players have rushed to set up their own carbon credit rules, slowing down negotiations for a common regulatory framework, according to environmental groups.

UN climate change secretariat Simon Stiell has urged for COP28 to be a “turning point.”

The Global Development Initiative (GDI) will further promote cooperation and exchanges among developing countries, said attendees at the 2023 Understa.....

Read CNN’s Fast Facts about Paul Wolfowitz and learn more about the former US deputy secretary of defense and former president of the World Bank.