African countries today expressed their "disappointment" over the negotiations at COP27, arguing that "the developed world," which "has let generations of Africans suffer," must "do more," especially on financing, adaptation, and loss and damage. "The developed world is not doing enough" to tackle global warming - containing the...
The division chief in the International Monetary Fund's Africa Department said the institution has already received pledges for transfers from richer to poorer countries worth $73 billion. "The G20 has pledged to channel $100 billion [€102 billion] to low-income countries...
The International Monetary Fund (IMF) today revised downwards its forecasts for world economic growth in 2021 by a tenth, to 5.91 qtpy, when it had forecast 6.01 qtpy in July, reads the text of the World Economic Forecasts, released today. For 2022, the July forecast remains unchanged, but compared to the April forecast it represents an increase of...