The Latest Breaking News from Developing Countries

Credit rating agencies like S&P Global and Fitch have an outsized influence on the economic fortunes of developing countries. Their assessments shape investor perceptions, influence borrowing costs, and ultimately shape a country’s development path. With many African countries now issuing bonds in global markets amid falling levels of official development…

World leaders and negotiators at the UN climate conference are grappling with the challenge of setting a new climate finance target to meet the trillion-dollar costs of helping lower-income nations adapt to climate change.

Wealthy nations fuelled their industrial growth and urbanisation by burning fossil fuels. This was the biggest cause of climate change, which now affects every country in the world, even developing countries in sub-Saharan Africa which are responsible for less than 4% of global greenhouse gas emissions. Wealthy nations owe a…

The United States has withdrawn from a climate agreement where rich nations have pledged billions of dollars to help a small group of developing countries switch from coal to green energy sources