The IMF’s April 2025 Regional Economic Outlook for Sub-Saharan Africa presents a clear warning: regional growth is slowing, debt pressures are mounting, and donor assistance is declining. Yet the report outlines critical opportunities particularly in domestic revenue mobilization, structural reform, and private sector activation that can shape a more resilient …
The Paris climate deal would have given a virtual free pass to India and China and cost American economy more than 6.5 million jobs, US Vice President Mike Pence said on Wednesday. "This President put America first not long ago when President Trump made the decision to withdraw the United …
Prime Minister Narendra Modi today talked to Canadian Prime Minister Justin Trudeau and reaffirmed India's commitment to take forward the Paris climate agreement. Trudeau had called up Modi this evening where the issue of Paris agreement came up for discussion. Sharing details of the conversation through the prime minister's Twitter …
Is America under Donald Trump losing its sheen in the international arena? It is a pertinent question to seek an answer to, particularly more after America’s withdrawal in fighting the ‘war’ against climate change. Two weeks on, the international community, its leaders, climate experts are still trying to wrap its …
“Though I was disappointed at the election of Trump, now I think his decision to pull out of Paris Agreement has brought the world together. We can now think on non-commercial lines to protect our planet for the coming generations,” said Eduard Muller US President Donald Trump’s decision to pull …
Global carbon emissions remained flat for the third year in a row, driven by a globally weak demand for energy and a cleaner energy mix, according to the latest edition of the BP Statistical Review of World Energy, published incongruously enough by British multinational oil and gas company, BP. While …
Germany and the rest of Europe should redouble their efforts to fight climate change after the withdrawal of the United States from the Paris climate pact, Chancellor Angela Merkel said on Tuesday. Merkel told members of her conservative party in the German town of Erfurt that the U.S. decision would …
The $10 billion Green Climate Fund that U.S. President Donald Trump said was a waste of tax dollars has fallen behind on its goals, with a biggest payout so far of just $5 million for a U.S.-led solar energy project. Work at the international fund, which aims to help poor …
The withdrawal of the United States from the Paris climate pact is unlikely to have a direct impact on the expected decline in global carbon emissions, BP's (BP.L) chief economist said on Tuesday. "Nearly all the improvement in (carbon reduction) comes from the developing world, it isn't coming from OECD …
Former U.S. Secretary of State John Kerry predicted on Monday that the United States will achieve goals to limit climate change set by the Obama administration despite President Donald Trump's decision to quit a 2015 global pact. Kerry, an architect of the Paris climate agreement, said during a visit to …
BOLOGNA: The United States refused to sign up+ to the Group of Seven major industrialised economies' statement on climate change+ and plans to fund sustainable development, a statement from the group's environment ministers said on Monday. The US said it did not sign up to statements by its G7 colleagues …
African Climate change activists urged their governments on Saturday to kick-start the process of designing an African Rule Book for the implementation of the Paris Agreement. Speaking at 16th session of the African Ministerial Conference on Environment (AMCEN) in Libreville, Gabon, the activists said the Rule Book will help in …
WINDHOEK – Namibia and France this week signed a financial co-operation agreement to fund green and ecofriendly businesses. The agreement aims to finance projects geared towards the sustainable use of natural resources and energy in Namibia. Namibian Minister of Environment and Tourism Pohamba Shifeta and French Ambassador to Namibia Jacqueline …
Chancellor Angela Merkel is seeking to bolster support among G20 members for tackling climate change ahead of a summit in Hamburg next month, while trying to avoid giving the impression she is rallying an anti-U.S. alliance, German government sources say. Merkel is ready for dissent at the meeting, however, after …
President Donald Trump – the man who wants to make America great again – wants to sit with the likes of Nicaragua and Syria in the dugout while the rest of the world tries to clean up its climate act. Ironically, America is tucking its feet under even as nearly …
Pretoria – Cabinet has expressed regret at the decision taken by the United States of America (USA) to withdraw from the Paris Agreement. The Paris Agreement, which will be fully operational by 2020, is premised on the contributions determined by countries themselves towards collectively agreed global goals. “South Africa has …
However, the temperature rise in India is sober considering that the world is on track for far more warming. India is now two and a half times more likely to experience a deadly heat wave than a half century ago, and all it took was an increase in the average …
Zambia and Madagascar have reaffirmed their commitment to the PARIS Agreement on Climate Change due to the devastating adverse effects that the phenomenon has had on the two countries including the Southern African Development Community (SADC)and the entire African continent. The two countries have expressed profound concern at the adverse …
Barely one tenth of renewable energy technology is ready to meet long-term climate change targets as governments have failed to adequately support large-scale deployment, a report by the International Energy Agency showed on Tuesday. Under a global climate pact, called the Paris Agreement, nearly 200 countries agreed last year to …
European leaders have been urged to scale up their efforts to tackle climate change as it emerged the EU does not intend to make extra emissions’ cuts to fill the gap left by the withdrawal of the US from the Paris agreement. At a summit with China in Brussels last …
The UN Paris Agreement puts in place a legally binding mechanism to increase mitigation action over time. Countries put forward pledges called nationally determined contributions (NDC) whose impact is assessed in global stocktaking exercises. Subsequently, actions can then be strengthened in light of the Paris climate objective: limiting global mean …