Page 37 - German Development News Today

The oil-rich UAE aimed to slough off criticism about its role leading the U.N. climate talks with a $100 million pledge to aid poorer, climate-stricken

The international COP28 climate summit has reached an agreement on the logistics of a loss and damage fund, a mechanism to compensate vulnerable nations for the impact of climate change, organizers announced Thursday. The United Arab Emirates, which is hosting the summit, will contribute $100 million to the fund, as will Germany, German Development Minister…

The oil-rich UAE aimed to slough off criticism about its role leading the U.N. climate talks with a $100 million pledge to aid poorer, climate-stricken countries.

At the Annual Meetings of the World Bank and IMF in Marrakech in October, the governors of the World Bank agreed upon next steps in the Bank’s “Evolution Roadmap.” The level of ambition is still high, but big reform is far from a done deal. Looking to the past, there has been no shortage of World Bank reforms that looked like a tiger in design and ended up as a housecat in implementation. And in fact, it is quite easy to sell superficial tweaks as pathbreaking reforms.

New data suggest wealthy countries may belatedly be providing a promised $100 billion in climate-related aid. But they’ve eroded trust in the process.

Bangladesh finds itself in a unique position. The recent surge in births amid the ageing population in Bangladesh prompts consideration of whether it is a positive development for the country, contrasting with the concerns of many developed nations facing declining populations

East African Community and Federal Republic of Germany mark 25 years of cooperation

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New data suggest wealthy countries may belatedly be providing a promised $100 billion in climate-related aid. But they’ve eroded trust.

As the war in Gaza grows bloodier by the day, the search for potential mediators in the region is crucial. Jordan is uniquely situated with a special relationship with the Palestinians, decades of peace with Israel, and the nation's king with a historic standing in the Muslim world.