Economy & Trade

Small Farmers Feeling Climate Change Heat Find Little Support From the State

The over 20 million residents of Pakistan’s port city of Karachi, in Sindh province in particular, have been experiencing brutal heat since May. But they are not the only ones bearing the brunt of high temperatures and humidity. Up to 15,000 cattle died due to scorching heat mixed with high humidity which Shakir Umar Gujjar, president of the Cattle and Dairy Farmers Association, Pakistan, said was “no joke”.

Pacific Community Photographic Winners Bring Impacts of Climate Change to Life

The Pacific Community’s photographic competition winners reflect the devastating climate impacts on beautiful and sensitive environments, documenting the most pressing issues the communities who live on the islands face today.

Should There be a Dedicated Credit Rating Agency for Asia & the Pacific?

Following persistent and determined efforts, Africa has achieved a breakthrough in advancing the establishment of an African credit rating agency (ACRA), with the proposed launch scheduled for December 2024.

Water Stories: The Well Seven Families and 400 Buffaloes Rely On

In the rural village of Khardariya in the Dang district of Nepal, access to clean water is a major issue. Villagers depend on one poorly managed well for drinking water, cleaning, and feeding livestock. Anjana Yadav stood near the well while a neighbor walked toward it to fetch a bucket of water.

ECUADOR: ‘We demand that the violation of the rights of nature be recognised and reversed’

CIVICUS speaks with Darío Iza Pilaquinga, president of the Kitu Kara People of the Kichwa nationality of Ecuador, about a historic court ruling that applied a constitutional provision recognising the rights of nature.

What Potential Do Gender Bonds Have For Increasing Financing For Gender Equality?

Iceland’s gender bond last month caused great excitement in the capital markets community. While gender bonds have been increasing in popularity within the private sector, Iceland is the first country to issue a sovereign gender bond. Many in the development community are however asking, are gender bonds the solution to financing for gender equality?

G20 Leaders Must Listen To Their People and Agree To Tax the Ultra-Rich

We are living in a world of multiple crises of inequality, climate breakdown and conflict. Billions of people globally are facing huge hardship. Whole governments, too, are virtually bankrupt, with extremely high debt levels forcing them to implement brutal and deeply unpopular cuts and tax rises for ordinary people. 3.3 billion people live in countries that spend more on debt interest payments than on either education or health.

Nigeria: Why #EndBadGovernanceInNigeria Protests Gained Traction

Thousands of Nigerians have taken to the streets to protest against bad governance, corruption, soaring inflation, and the rising cost of living, in what has been termed "10 Days of Rage" and believed to mirror Kenyan protests organized by the youth. Nigeria, Africa's most populous country and a major exporter of crude oil, citizens claim that the benefits of the country's resources do not trickle down to the masses but to a group of corrupt politicians.

ECOWAS at 49: Successes in Regional Integration, Despite Emerging Challenges

The Economic Community of West African States (ECOWAS) was founded in 1975 to promote economic integration in the region. Forty-nine years later, the regional bloc boasts significant successes in integration, peace and security and good governance, but also faces some challenges.

The Demise of Democracy and Human Rights Violations in Bangladesh: International Financial Institutions’ Culpability

The International Monetary Fund (IMF), World Bank and Asian Development Bank (ADB) are complicit in the gross human rights violations and death of democracy in Bangladesh. They continued to supply financial blood line to the regime, well-documented for its corruptions, human rights violations – such as forced disappearances and tortures in custody – and riggings of votes, including politicization of state institutions in its slide into autocracy. This is despite their professed commitment to transparency, accountability and good governance (IMF, World Bank, ADB).

Chilean Fisherwomen Seek Visibility and Escape from Vulnerability

The number of organisations that bring together fisherwomen who seek to be recognised as workers, make their harsh reality visible and escape the vulnerability in which they live is growing in Chile.

UN’s Summit of the Future

Preparations are ongoing for the upcoming Summit of the Future, probably the most consequential initiative of UN Secretary General Antonio Guterres so far.

How Women Volunteers Are Shaping India’s Water Future

“Daily squabbles at the lone water point in Bhubaneswar’s slums, where hundreds of households depended on this single non-potable water source, have now receded into the past,” says Aparna Khuntia, a member of a large cohort of water volunteers who have played an important enabling role in ensuring households in the eastern India city now have their own on-premises potable running tap water available all 24 hours.

Cambodia’s Young Environmental Activists Pay a Heavy Price

It’s risky to try to protect the environment in authoritarian Cambodia. Ten young activists from the Mother Nature environmental group have recently been given long jail sentences. Two were sentenced to eight years on charges of plotting and insulting the king. Another seven were sentenced to six years for plotting, while one, a Spanish national banned from entering Cambodia, was sentenced in absentia.

Economic Prospects in Asia & the Pacific – Celebrate Resilience, Prepare for Headwinds

Economic performance in Asia and the Pacific has proved to be quite resilient to the shocks of the past few years – the COVID-19 pandemic, the ongoing wars in Ukraine and Gaza, and the cost-of-living crisis. In 2023, the region’s economy drove over 60 per cent of the global economic growth.

The Price Women Pay for Climate Change

Global warming, widely believed to be a universal crisis, will actually impact girls and women far more than boys and men. It is already known that we live in a patriarchal world, one in which men are afforded far greater opportunities for success while women generally hold less societal power and have access to fewer resources. This especially pertains to developing countries in which agriculture related work, usually delegated to females, depends on a variety of environmental factors and subsequently, significantly hurts their livelihoods.

Sportwashing Allegations at Africa’s Top Football Tournament

Following the recent Africa Cup of Nations (AFCON) tournament in Ivory Coast, a continent-wide campaign has emerged on social media challenging the tournament's main sponsor, TotalEnergies, over its involvement in the East African Crude Oil Pipeline (EACOP).

Life or Energy: The Hydroelectric Dilemma in Amazonian Brazil

The decade-and-a-half-long battle for life in the so-called Volta Grande (Big Bend) of the Xingu river, a stretch of the river dewatered by the Belo Monte hydroelectric power plant in the Brazilian Amazon, has a possible solution, albeit a partial one.

More Poverty for the Poor

Many low-income countries (LICs) continue to slip further behind the rest of the world. Meanwhile, people in extreme poverty have been increasing again after decades of decline.

African Diaspora To Drive Continent’s Development Ambitions

As the African diaspora continues its growth, agencies are seeking ways to tap into this vast demographic to help with the continent's development. Remittances from millions of Africans scattered across the globe have been hailed for sustaining local economies, but a new initiative is aiming to form upscale diaspora investments for longer-term economic development.

Southern African Drought: Extreme Hardship, Hopefully Only in the Short Term

Heading into the traditional dry period of winter in southern Africa, there was significant consternation due to the drastically below average rainfall the region has been experiencing since January 2024.

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