#developing countries

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www.npr.org
5 months ago
Environment

Countries promise millions for damages from climate change. So how would that work?

Countries have reached a historic agreement for a new fund to help developing countries dealing with climate impacts, with over $400 million in pledges.
The initial funding is a small fraction of the overall need, as developing countries require $215 to $387 billion per year to adapt to climate change. [ more ]
climate change
The Atlantic
5 months ago
Environment

Something Big Just Happened at COP

The United Nations climate summit in Dubai has announced the creation of a "loss and damage" fund to source money from developed countries to pay for climate damages in developing ones.
The fund aims to provide financial support for developing countries that suffer the most from climate change, despite having little responsibility for causing it.
The decision on the fund was adopted on the first day of COP28, marking the first time a decision has been made so quickly at any COP. [ more ]
time.com
5 months ago
Environment

Nations Launch Climate Loss and Damage Fund on First Day of COP28

Nearly all nations have finalized the creation of a fund to compensate countries affected by climate change.
The fund aims to address inadequate funding for responding to climate disasters.
The fund will be hosted by the World Bank and launched by 2024. [ more ]
Futurism
5 months ago
Environment

Saudi Arabia Apparently Scheming to Get Poor Countries Addicted to Oil

Saudi Arabia is planning to get developing countries hooked on its fossil fuel exports through an 'oil demand sustainability program'
The country aims to increase the use of fossil fuel vehicles and prop up carbon-emitting industry and infrastructure in poorer countries [ more ]
www.france24.com
5 months ago
Environment

UN says developing countries need 'radical' surge in investments

Insufficient investment in developing countries is hindering efforts to reduce global warming.
The UN's high level expert group on climate finance calls for COP28 to push for radical change and increased investment in clean energy and climate resilience.
The failure to provide sufficient funding would have devastating consequences for the poorest people and hinder progress on limiting global warming. [ more ]
www.npr.org
5 months ago
Environment

Climate funding is in short supply. So some want to rework the financial system

Money is one of the biggest obstacles to dealing with climate change, especially in poor countries
Developing countries are at risk of suffering losses and damages as temperatures rise due to insufficient funding
Talks are underway to replace the inadequate promise of $100 billion a year in climate financing [ more ]
moreclimate change
www.theguardian.com
1 week ago
Business

Poorer nations must be transparent over climate spending, says Cop29 leader

Developing countries must enhance transparency in accounting to support their climate finance requests. [ more ]
Ars Technica
3 weeks ago
Privacy professionals

Hackers are carrying out ransomware experiments in developing countries

Hackers target developing countries for ransomware testing before attacking richer nations. [ more ]
Bitcoin Magazine - Bitcoin News, Articles and Expert Insights
1 month ago
Cryptocurrency

How Bitcoin could impact financial inclusivity among minority groups

Bitcoin offers financial inclusivity beyond just currency and investment, especially benefiting marginalized groups and developing countries. [ more ]
www.nytimes.com
1 month ago
Wellness

Glasses Improve Income, Not Just Eyesight

Presbyopia affects billions worldwide, hindering learning and productivity.
Providing free reading glasses can significantly increase income for individuals in developing countries. [ more ]
Artificial intelligence
english.elpais.com
1 month ago
Artificial intelligence

The UN adopts a resolution backing efforts to ensure artificial intelligence is safe

The United Nations' first AI resolution ensures global cooperation for safe and beneficial AI technology.
The resolution emphasizes closing the digital divide and ensuring developing countries can leverage AI benefits. [ more ]
english.elpais.com
3 months ago
Artificial intelligence

Artificial intelligence is put to the test with the health of populations in the Global South

A mobile app that uses AI can effectively and early detect neglected skin diseases in developing countries.
The app allows for quick diagnosis and replaces the need for a dermatologist to analyze images. [ more ]
www.dw.com
4 months ago
Artificial intelligence

AI set to impact 60% of jobs in developed economies: IMF DW 01/15/2024

AI could impact 60% of jobs in developed economies, with around half being negatively affected and half seeing a positive impact.
Developing countries are expected to have a smaller initial impact from AI, but may also not benefit as much from the increased productivity. [ more ]
Chinadaily
5 months ago
Artificial intelligence

COP28 sets eyes on AI to fight climate change

The United Nations Climate Change Technology Executive Committee and its collaborators have launched a challenge to harness AI-powered solutions for climate action in developing countries.
Harnessing AI to mitigate climate change involves integrating it into national policies and plans, as well as ensuring equal access to technology to prevent a widening digital divide. [ more ]
moreArtificial intelligence
www.france24.com
2 months ago
Public health

Childhood deaths reach historic' low but progress is unequal, UN report finds

Record low under-five mortality in 2022 - 4.9 million deaths, Progress in reducing child mortality since 2000 and 1990, Precarious progress in ending preventable child deaths [ more ]
www.theguardian.com
3 months ago
Health

Love is our first medicine': treating mental health in Cameroon's unique refuge

Many mentally ill individuals in developing countries are left to roam the streets alone, with no family to support them and risking diseases like cholera.
Non-communicable diseases are on the rise globally, affecting both wealthy and poor populations, and are greatly underfunded in low-income countries. [ more ]
www.theguardian.com
3 months ago
Environment

Cop28 deal will fail unless rich countries quit fossil fuels, says climate negotiator

The credibility of the Cop28 agreement to transition away from fossil fuels depends on major historical polluters rethinking oil and gas production plans.
Major developed countries are expanding their fossil fuel production instead of moving away from it. [ more ]
www.nytimes.com
5 months ago
Environment

Carbon Markets Are in Limbo. That's Not Stopping This Firm.

Blue Carbon, an Emirati company, is accumulating proposals for deals on huge swaths of land in developing countries in order to sell carbon credits.
The carbon credit market is seen as both potentially important and controversial, with concerns about abuse and the need to structure the market properly. [ more ]
www.theguardian.com
5 months ago
Environment

Indigenous people and climate justice groups say Cop28 was business as usual'

Developed countries hailed the Cop28 agreement as historic, but Indigenous people and climate justice groups criticized it as unfair and business as usual.
Many developed countries pushed for a phase-out of fossil fuels, but developing countries emphasized the need for a fair and funded transition. [ more ]
www.theguardian.com
5 months ago
Environment

Why implementation' matters in the global fight against the climate crisis

The resistance to a fossil fuel phase-out in developing countries is primarily due to the challenge of implementing the transition while addressing poverty and providing basic services for their people.
Developing countries argue that the phase-out must prioritize equity and require developed countries to fulfill their obligations under the Paris agreement, including providing financial assistance. [ more ]
www.france24.com
5 months ago
Environment

How lending-based climate finance is pushing poor countries deeper into debt

Wealthy countries have fulfilled their promise to mobilize $100 billion per year to help developing countries face the climate crisis.
However, developing nations will have to pay back most of that money with interest. [ more ]
www.dw.com
5 months ago
Environment

What are India's climate goals at COP28? DW 12/06/2023

India is using the COP28 climate conference to represent the interests of developing countries
India calls for developed countries to bear more of the load in helping poorer nations meet climate goals [ more ]
London Business News | Londonlovesbusiness.com
4 months ago
Growth hacking

Global economy forecast for weakest growth since pandemic, warns World Bank

The global economy is projected to grow at its slowest pace since the pandemic, with only 2.4% growth in 2024.
Higher interest rates and conflicts in Ukraine and the Middle East are major factors stifling global trade and investment.
Developing countries, especially the poorest, are at risk of being stuck in a trap of weak growth and high debt. [ more ]
english.elpais.com
5 months ago
Medicine

Promising new gene therapies for sickle cell are out of reach in countries where they're needed most

Access to gene therapies for sickle cell disease is limited in developing countries like India and Africa.
High prices and complex requirements make gene therapies inaccessible to most patients in these regions. [ more ]
WSJ
5 months ago
World news

Billions in U.S. Funding Hasn't Convinced Developing World to Ditch Coal

Wealthy nations are providing financial support to poorer nations for clean energy initiatives.
Efforts in South Africa and Indonesia to transition away from fossil fuels are at risk. [ more ]
www.dw.com
5 months ago
Environment

Who pays for climate damage and where does the money go? DW 11/17/2023

Climate financing aims to support developing countries in transitioning away from fossil fuels and adapting to climate change.
Public funds from donor countries and private investments are the primary sources of climate financing.
The $100 billion pledge made by industrialized countries at the 2009 Copenhagen UN Climate Summit is a major aspect of climate financing. [ more ]
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