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The Latest Breaking News from Developing Countries

Trump Kills US Agency Funding Africa Infrastructure

President Donald Trump's administration on Wednesday ordered the closure of a US agency that invested billions in African and other developing countries' infrastructure in return for good governance, effectively ceding ground to China.

International Business Times

Rating agencies don’t treat the Global South fairly: changes South Africa should champion in G20 hot seat

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…

The Conversation

COP29 climate finance in numbers: How much is needed and where is it coming from?

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.

Euronews

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Wealthy nations owe climate debt to Africa – funds that could help cities grow

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 Conversation

The US has withdrawn from a climate agreement that helps developing nations, South Africa says

The United States has withdrawn from a climate agreement where rich nations have pledged billions of dollars to help a small group of developing countries switch from coal to green energy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

The Independent UK

Reproductive health in developing countries in ‘chaos’ after Trump aid freeze

Experts speaking at a screening of The Independent’s documentary on abortion rights warn of the damage done by halting of US halting aid. Bel Trew reports

The Independent UK

The world needs a circular economy. But workers in developing countries shouldn’t pay the price

The circular economy offers a fresh approach to how we produce and consume, focusing on reducing, reusing, recycling and recovering. It moves us away from the traditional “make, use, discard” model, creating a more sustainable system to balance the needs of the economy, society and nature. Living within the planet’s…

The Conversation

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Foreign ministers talk war in Ukraine and other conflicts on last day of G20 meeting in South Africa

Foreign ministers and senior diplomats from leading rich and developing countries focused on global conflicts, including the Russia-Ukraine war, on the last day of their meeting in South Africa

The Independent UK

Donald Trump’s war on global governance: lessons from the past on how to fight back

US president Donald Trump’s recent actions seem designed to reassert American power and demonstrate that it is still the dominant global power and is capable of bullying weaker nations into following America’s lead.

The Conversation

‘Backsliding’: most countries to miss vital climate deadline as Cop30 nears

Developing countries urge biggest polluters to act as Trump’s return to the White House heightens geopolitical turmoil

The Guardian - UK

These 2 major demographic shifts will reshape the workforce in the next 5 years

While high-income countries age, developing countries are adding more workers.

Fortune

‘Sanitation isn’t just an issue for developing countries’: how a company is reinventing the loo

Toilet technologies are ripe for a rethink, whether used in the global south or closer to home where Victorian sewers can no longer cope. So what have inventors dreamed up?

The Guardian - UK

COP29 failed Africa – what went wrong with the climate financing bid and what happens next

The United Nations’ 29th annual climate change conference of the parties, COP29, ended with countries from the global north committing US$300 billion per year in climate finance to developing countries. This money is meant to pay for developing countries to carry out climate change adaptation and mitigation and move away…

The Conversation

Contentious COP29 Deal Casts Doubt Over Climate Plans

A bitterly-fought climate finance deal reached at COP29 risks weakening emissions-cutting plans from developing countries, observers say, further raising the stakes for new national commitments due early next year.

International Business Times

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International Business Times

Air Pollution From Fires Linked To 1.5 Million Deaths A Year

Air pollution caused by fires is linked to more than 1.5 million deaths a year worldwide, the vast majority occurring in developing countries, a major new study said on Thursday.

The Conversation

UN climate talks face a credibility crisis as countries disengage

In Baku, Azerbaijan, the so-called “finance-Cop” was a disappointment. Now, the UN’s framework convention on climate change (UNFCCC) is facing a credibility crisis.

The Conversation

China’s influence grows at COP29 climate talks as US leadership fades

The 2024 U.N. climate talks ended in Baku, Azerbaijan, on Nov. 24 after two weeks of arguments, agreements and side deals involving 106 heads of states and over 50,000 business leaders, activists and government representatives of almost every country.

The Guardian - UK

Cop29 deal fails to consider inflation so is not tripling of target, economists say

Experts say financial movements mean poor nations will in effect get billions less in value from £300bn pledge

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The Conversation

Cop29 climate finance deal: why poor countries are so angry

After a fortnight of bitter struggle, nearly 200 countries agreed a new goal to raise money to tackle the climate crisis at Cop29, the 29th annual UN climate conference in Baku, Azerbaijan.

The Guardian - UK

Here’s what I learned at Cop29. Rows aside, an unstoppable transition to clean energy is happening

Britain wanted much better outcomes on many issues, but seeing the ambition at the conference gives me hope for the future, says energy secretary Ed Miliband

The Guardian - UK

UK will seek global coalition for climate action, says Ed Miliband as Cop29 ends

UK energy secretary played key role in deal of $300bn for developing countries, branded a ‘betrayal’ by critics

The Guardian - AU

Australia urged to do more on climate crisis as activists rue trillion-dollar Cop29 funding gap

Wealthy nations agree to take the lead in helping developing countries shift to a low-carbon economy

The Guardian - UK

Cop29 climate finance deal likely to be followed by equally bitter battles

Rich countries still need convincing that giving money to poorer nations is very much in their interests too

International Business Times

Developing Nations Slam 'Paltry' $300 Bn Climate Deal

The world approved a bitterly negotiated climate deal Sunday but poorer nations most at the mercy of worsening disasters dismissed a $300 billion a year pledge from wealthy historic polluters as insultingly low.

The National (Scotland)

COP29 climate talks on 'verge of collapse' as delegates storm out of negotiations

Representatives of small and impoverished nations threatened by climate change have walked out of talks at COP29 over disagreements on funding…

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