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15 Nov 21
Developed nations and finance organisations need to commit more funding to poorer countries after last weekend’s climate change agreement failed to set overarching targets, according to experts.
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15 Nov 21
Bhutan’s adoption of an index measuring gross national happiness has helped guide the country’s response to Covid-19.
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12 Nov 21
South Africa’s finance minister has signalled that he will not boost welfare spending in next year’s budget despite recognising the part inequality played in devastating riots several months ago.
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12 Nov 21
The recent international corporation tax agreement was a missed opportunity to fund the climate transition, according to an advocacy group.
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11 Nov 21
Pacific countries struggling against the effects of climate change need financial solutions that do not increase their debt, the prime minister of the Cook Islands has said.
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10 Nov 21
The Ivorian government has pledged increased investment in schools, hospitals, and jobs in the northern territory of the nation, to give alternatives to extremism.
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8 Nov 21
A United Nations short-term lending facility aimed at reducing Africa’s borrowing costs could save governments billions of dollars in interest payments, according to officials.
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8 Nov 21
Increased carbon taxes are likely to have a bigger long-term economic impact on countries which are heavily reliant on carbon-intensive energy, according to ratings agency S&P.
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7 Nov 21
Does a focus on infrastructure spending to drive Covid-19 recovery make it harder to meet net-zero goals?
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3 Nov 21
The Asian Development Bank has launched two multi-billion-dollar pilots aimed at the early retirement or repurposing of coal power plants, to help meet long-term climate goals.
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3 Nov 21
South Africa will receive $8.5bn from some of the world’s most advanced economies to help transition away from coal power and meet its climate commitments.
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2 Nov 21
Indian prime minister Narendra Modi has called for improved finance opportunities to help address climate change, after the nation pledged to hit carbon neutrality by 2070.
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1 Nov 21
Emerging economies need greater access to financial assistance to help prepare for natural disasters brought on by climate change, according to the OECD.
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28 Oct 21
Countries are depleting their resources in the search for short-term economic gains that leave their future development unsustainable, the World Bank has warned.
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27 Oct 21
A military coup in Sudan has led to the US withdrawing significant amounts of aid, with the European Union reviewing its position.
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25 Oct 21
Nigeria’s new digital currency is expected to increase tax takings and drive economic growth, the country’s president has said.
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25 Oct 21
Moldova and the International Monetary Fund have agreed a reform programme to help authorities maintain the economic recovery amid the threats of inflation and a possible resurgence of Covid-19 cases.
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21 Oct 21
Brazil’s economy minister has said the country’s spending cap could be breached to allow the government to expand its welfare programme.
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19 Oct 21
Rich nations are being urged to channel their share of a recent liquidity boost from the International Monetary Fund to more vulnerable countries.
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15 Oct 21
Japan’s new prime minister has set up a taskforce to reduce wealth disparities in a bid to create a “virtuous cycle of growth and distribution”, claiming market forces have left some people behind.
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13 Oct 21
The United Nations COP26 climate conference in Glasgow must be a turning point in the global fight to limit global warming and finance ministers need to play their part, the head of the UN has said.
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8 Oct 21
The National Bank of Poland has caught economists off guard by raising interest rates to stave off inflation risks.
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5 Oct 21
Lebanon has announced the resumption of talks with the International Monetary Fund on funding, following the formation of a new government.
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30 Sep 21
More than 75% of Venezuelans now live in extreme poverty, fuelled by the nation’s economic crisis, a study has claimed.
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29 Sep 21
Lower and middle income countries have far more debt to China than many institutions believe, and the problem is becoming worse, a US study has found.