Economy & Trade

What Happens in the Arctic Does Not Stay in the Arctic

While climate change is relentlessly progressing, threatening life on earth, world leaders continue to meet while planning for a future where this immense menace to human existence remains a minor item on the agenda.

Twenty Years on from the UN Bombing in Baghdad, What’s Changed?

Twenty years ago this month, a colleague saved me from a likely gruesome death. He insisted I stay in his Baghdad office of the World Food Programme (WFP) for a hot drink. “You can't leave us without trying the tea I made for you! The best in Iraq.”

Africa Finds Common Ground on Climate as Nairobi Declaration Unveiled

To cool down a burning planet, Africa’s Head of State and Government at the inaugural Africa Climate Summit unveiled the ‘Nairobi Declaration’ as curtains fell on the inaugural Africa Climate Summit held in Nairobi, September 4-6, 2023, under the theme “Driving Green Growth and Climate Finance Solutions for Africa and the World.”

Finally, a Real Chance for International Tax Cooperation

After decades of resistance by rich nations, African governments successfully pushed for the United Nations to lead on international tax cooperation. All developing countries and fair-minded governments must rally behind this initiative.

NDB Spotlight: The Lesotho Highlands Water Project – Who Benefits?

The Role of the New Development Bank in Monitoring Project Impacts on Communities The 15th BRICS Summit held in Johannesburg, South Africa this month has once again put the spotlight on the Lesotho Highlands Water Project (LHWP) as a shining example of multilateralism and the New Development Bank’s (NDB)commitment to financing sustainable development projects within BRICS countries and other developing countries. During the 2023 BRICS Summit, the New Development Bank and the Trans-Caledon Tunnel Authority (TCTA) signed a 3.2 billion Rands loan agreement for the implementation of Phase Two of the Lesotho Highlands Water Project (LHWP) in Lesotho. This funding complements contributions by other financiers, notably the African Development Bank (AfDB) and the Development Bank of Southern Africa (DBSA).

Africa’s Potential: Leading Food System Transformation and Climate Resilience

When a continent with 65% of the world’s arable land struggles to feed its 1.4 billion people, we know something is wrong. The African and global food systems need a rethink. The urgent and pressing need to address a more productive, transparent, equitable food system, poverty and the far-reaching effects of climate change requires us to forge alliances among diverse stakeholders and sectors.

Invasive Species, Fast-Riding Horsemen Galloping the Biodiversity Apocalypse

Mango farmer Eufria Nyadome used to earn USD 60 from selling a 20-litre bucket of fresh mangoes and now can barely make USD 20 even though her mango trees are giving a good yield. She is throwing away buckets of rotten mangoes.

Civil Society Organizations Unite to Urge Public Development Banks to Change the Way Development Is Done

In the midst of a complex web of crises, spanning climate change, biodiversity depletion, constraints on civic space and mounting debt burdens, civil society organizations and human rights defenders from over 50 countries have united their voices to call for immediate and impactful action from Public Development Banks (PDBs).

Mushroom Workers Want a Union

The Yakima River runs southeast from the Cascade Mountains through central Washington state to merge with the Columbia a little north of Oregon. From the small city of Yakima on down, its course broadens from a winding canyon into a wide valley bounded by austere low ridges of gray-green sagebrush and tawny grasses. In mid-April, the new leaves of the willows and cottonwoods light up the riverbanks with luminous chartreuse.

From Challenges to Solutions: Unleashing Africa’s Potential for Achieving SDGs

September 2023 marks the halfway point to the deadline for achieving the 2030 Agenda and the Sustainable Development Goals (SDGs). Yet, globally we are still far off-track, and Africa is only halfway towards achieving the SDGs, with nearly 600 million Africans still lacking access to electricity and 431 million people living in extreme poverty.

UN Summits & High-Level Meetings: More Promises, Less Deliveries

The United Nations will host six “high-level” meetings, including two summits of world leaders-- over a short span of five consecutive days, beginning September 18. The back-to-back meetings, described as unprecedented, includes the Sustainable Development Goals (SDG) Summit on September 18-19; a high-level dialogue on Financing for Development (FfD) on September 20; and a ministerial meeting of the Summit of the Future on September 21 (with the summit itself scheduled to take place September 2024).

UN Financing Appeal Last Hope for SDGs and Climate?

The United Nations Secretary-General’s Dialogue on Financing for Development on 20 September may well be the world’s last chance to save the Sustainable Development Goals (SDGs) and curb global warming in time.

Digging Africa Deeper into Hunger
Annual Green Revolution Forum ignores widespread failure of its push for industrialized agriculture

As the adage goes, when you find yourself stuck in a hole, stop digging. As African leaders and their philanthropic and bilateral sponsors prepare for another glitzy African Green Revolution Forum, convening September 5-8 in Dar es Salaam, Tanzania, they are instead handing out new shovels to dig the continent deeper into a hunger crisis caused in part by their failing obsession with corporate-led industrialized agriculture.

Empowering Asia’s Farming Communities through Inclusive Business

When Lisa Huyen first set up her company, Vinasamex, which specializes in certified organic cinnamon and star anise grown in the mountainous and poorer provinces of Viet Nam, she faced daunting challenges including market access and securing financial support from banks.

Biodiversity Credits: Solution or Empty Promise for Latin America?

Located in northwestern Colombia, the Bosque de Niebla is home to 154 species of plants, 120 bird species, 21 species of mammals, 16 water springs and five hectares of wetlands.

Debt & Crisis of Survival in Sri Lanka & the World

Sri Lanka has been faced with an unprecedented political and economic crisis since the beginning of 2022. The dominant narrative attributes the crisis to the confluence of the COVID-19 pandemic, the Ukraine conflict, China’s ‘debt trap diplomacy’ and – most importantly – the corruption and mismanagement of the ruling Rajapaksa family.

Growing Feminization of Migration in Cuba Poses New Challenges

Emigrating from Cuba was an agonizing decision for Ana Iraida. She left behind family and friends; in her backpack she carried many hopes, but also the fear of facing dangers on the journey to the United States.

Flooding, Water Insecurity Looms as Indian Kashmir’s Titanic Water Bodies Shrink

Sadiq Dar, 68, is surprised how the heavy siltation of Wular Lake has turned many of its areas into land masses. “When we were growing up, we would only see water in this lake. Now, we see cattle grazing in it while a large portion is also being used by children for playing cricket,” he tells IPS.

World Bank Freezes Loans to Uganda Because of Anti-Gay Laws, but it Doesn’t Mean it’s Becoming a Human Rights Watchdog

Many people may be tempted to view the World Bank’s recent announcement that it will freeze new loans to Uganda because of the country’s vicious anti-LGBTIQ+ law as a harbinger of the Bank taking a more progressive approach to human rights issues.

UN Must Reclaim Multilateral Governance from Pretenders

International governance arrangements are in trouble. Condemned as ‘dysfunctional’ by some, multilateral agreements have been discarded or ignored by the powerful except when useful to protect their interests or provide legitimacy.

Unlocking Africa’s Potential: Strengthening Partnerships for Sustainable Progress

At this year’s G7 summit in Japan, global leaders emphasized the importance of unity as the world navigates grave threats to multilateralism. The message was clear - trusted global platforms for dialogue and solutions are extremely crucial in current times.

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