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

U.S. Treasury Secretary Janet Yellen urged the World Bank to map out "bolder and more imaginative" steps on Thursday to address global challenges such as climate change even as it continues to aid individual developing countries.

Kuwait intends to reconsider its policy of providing aid to Arab and developing countries through the Kuwait Fund for Arab Economic Development, its foreign minister said on Thursday. 

Japan will start exporting human blood products for the first time in 57 years to support healthcare services in developing countries, it has been learned.

Report finds ‘relatively small group’ of rich people contribute disproportionately to emissions

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