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The Latest Breaking News from Developing Countries

$700m pledged to loss and damage fund at Cop28 covers less than 0.2% needed

Money offered so far falls far short of estimated $400bn in losses developing countries face each year

The Guardian - UK

Climate finance takes spotlight at COP28

Money pledges were in the spotlight at COP28 in Dubai on Monday as delegates turned their focus to the yawning gap in how much climate finance is needed and what's on tap, particularly for developing countries that need funds each year just to adapt to the warming world.

France 24

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

A historic agreement at the international climate talks will provide hundreds of millions of dollars for developing countries. It's nowhere near enough.

WEKU

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COP28 | Rising ambitions on climate action must see matching progress on climate finance: PM Modi

PM Modi calls for climate financing, tech transfer to developing countries. India, UAE join forces to shape greener future, advancing global discourse on climate action. India-UAE ties span entire energy spectrum, focus on sustainability. Nations must ensure development priorities of Global South not compromised. COP28 to bring fresh impetus to…

The Hindu

PM Modi arrives in Dubai to attend World Climate Action Summit

Modi arrives in Dubai for World Climate Action Summit, calls for support to developing countries with climate financing and tech transfer. Urges focus on climate action based on equity, justice and differentiated responsibilities

The Hindu

COP28 Opens With Climate Disaster Fund Commitments From UAE, US, UK, Japan and Germany

The total commitments fall short of developing countries' prior requests, but experts view it as a positive sign.

International Business Times

India walked the talk when it comes to climate action: PM Modi

PM Modi calls for supporting developing countries with climate financing and tech transfer to enable them to tackle climate change. India has taken concrete steps on climate action during its G20 presidency.

The Hindu

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COP28 begins: 4 issues that will determine if the UN climate summit is a success, from methane to money

The United Nations climate conference is underway in Dubai, and representatives from around the world will be confronting an extraordinary array of challenges over its two weeks. They carry with them some long-held – and new – grievances, and strong expectations.

The Conversation

Why loss and damage funds are key to climate justice for developing countries at Cop28

Nations contributing least to greenhouse gas emissions are least equipped to deal with climate-related destruction

The Guardian - UK

China is already paying substantial climate finance, while US is global laggard – new analysis

Finance is poisoning international cooperation on the climate crisis.

The Conversation

Climate change: 3 key goals Nigeria must focus on at COP28

Global environmental stakeholders will converge in Dubai, the United Arab Emirates, from 30 November to 12 December 2023 for the UN Climate conference known as COP28. The conference aims to continue negotiations to address the global climate crisis. Nigeria’s main agenda in the conference is climate finance needed for climate…

The Conversation

Low emissions and economic survival – countries in the global south aren't getting a fair deal

In 2015, more than 140 countries signed up to the goal of achieving net-zero emissions by 2050. For countries in the global south this is a huge task. On the one hand they have committed to low emissions. On the other their economic survival depends on using resources that produce…

The Conversation

What is Cop28 and why does it matter?

UN climate summit begins in Dubai on 30 November and will readdress finance for loss and damage

The Guardian - UK

Unpacking the Dubai climate meeting

At the top of the COP28 agenda is the first Global Stocktake, a key part of the Paris Agreement machinery

The Hindu

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WEKU

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

Efforts to boost climate financing have moved beyond national pledges. Now the focus is on overhauling organizations like the World Bank and providing countries debt relief.

The Guardian - UK

Revealed: Saudi Arabia’s grand plan to ‘hook’ poor countries on oil

Climate scientists say fossil fuel use needs to fall rapidly – but oil-rich kingdom is working to drive up demand

WEKU

FAQ: Annual climate negotiations are about to start. Do they matter?

World leaders, climate experts and oil company executives converge on Dubai later this week to talk about climate change at the United Nations COP28 meeting. Here's what you need to know.

The Independent UK

South Africa, Colombia and others are fighting drugmakers over access to TB and HIV drugs

In a series of moves experts say signal a shift in how developing countries deal with pharmaceuticals, South Africa, Colombia and others have recently adopted a more combative approach towards drugmakers, pushing back on policies that deny treatment to millions of people with tuberculosis and HIV

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Newsroom.co.nz

How to increase EV uptake in developing countries

Getting the supply chain right is key to encouraging consumers to buy Electric Vehicles

The Hindu

At COP 28, a fair share of the global carbon budget is at stake | Explained

There is a linear relationship between global warming and CO2 emissions. The carbon budget is a global resource available to all countries to limit warming to below a certain temperature, and developed countries have appropriated a larger share of this budget. India must recognise 'fair share of carbon budget' as…

The Guardian - UK

Who are the polluter elite and how can we tackle carbon inequality?

Is capitalism the problem? Experts weigh in on ways to address the great carbon divide

The Independent UK

Fund to compensate developing nations for climate change is unfinished business at COP28

A fund to compensate developing nations for the impacts of climate change was the supposed big breakthrough at last year's United Nations-led climate talks in Egypt

The Conversation

Projects funded by the World Bank Group's private sector arm fuel violent conflict – it's time to reform the system

To what extent does private investment help developing countries to reduce conflict and violence and to achieve the Sustainable Development Goals?

The Hindu

The U.S.’s signal of a huge digital shift

Developing countries must stoutly resist a new trap of a digital Cold War, whereby they get bound into digital dependencies either with the United States or China

The Conversation

COP28: a year on from climate change funding breakthrough, poor countries eye disappointment at Dubai summit

At the COP27 summit in Sharm El-Sheikh, Egypt, an agreement to establish a loss and damage fund was hailed as a major breakthrough on one of the trickiest topics in the UN climate change negotiations. In an otherwise frustrating conference, this decision in November 2022 acknowledged the help that poorer…

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