8 November 2024 - There are 32 countries classified as Landlocked Developing Countries (LLDCs): 16 are in Africa, five in Asia, eight in the Commonwealth of Independent States and South-Eastern Europe ...
The world agreed to a new climate deal at COP29 in Baku, Azerbaijan, Saturday, with wealthy countries pledging to provide $300 billion annually by 2035 to poorer countries to help them cope with the ...
30 March 2026 - Developing countries are being priced out of the affordable finance they desperately need for sustainable development, with sovereign credit ratings often overstating risk and ...
The World Bank warned in a new report that poor countries will be stuck in economic “purgatory” without debt relief. By Alan Rappeport Reporting from Washington Soaring inflation saddled developing ...
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. Rich ...
New report urges scaled-up tailored financial support for decentralised renewable energy to reach 666 million people in rural and vulnerable areas in developing countries. Washington, New York, Paris, ...
WASHINGTON, Dec 2 (Reuters) - The World Bank on Tuesday said developing countries spent a record $1.4 trillion to service their foreign debts in 2023 as interest costs climbed to a 20-year high, ...
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