Day: November 18, 2022
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Will China and Wealthy Countries Pay For Climate Damage in the Global South?
Join us for a very lively end-of-week show where Eric, Cobus, and Geraud get into a spirited debate over whether China, India, and wealthy countries will pay for the damage they've caused to poor countries in Africa and elsewhere from global ...
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WEEK IN REVIEW: The G77 Bloc of Countries Together With China To Propose a New “Loss and Damage” Fund at the COP27 Summit
The G77 bloc of countries together with China is reportedly going to propose a new "loss and damage" fund at the COP27 summit to provide finance to poor countries impacted by climate disasters. The fund appears to be a repackaged version of the failed "climate adaptation fund" that wealthy ...
Undercutting the Amazon? Deregulation in the Wake of South America’s Chinese Investment Boom
By Rebecca Ray As Brazilians head to the polls at the end of this month for a presidential runoff between current President Jair Bolsonaro and former President Luiz Inácio Lula da Silva, one of the many issues on the table is management of the Amazon rainforest. ...
Kenyan Government Finds Irregularities in Chinese ICT Loan Audit
The Kenyan government can’t account for about $83 million dollars earmarked for a Chinese-funded National Optic Fiber Backbone Infrastructure (NOFBI) project, according to a new report by the country’s Auditor-General. The A-G says some loan documents for the $175 million tender are missing, with ...
Kenya’s Cabinet Secretary Nominee Pushes Back Against Default Allegations
“We should not be a country that should walk into the defaulting mode,” says Musadia Mudavadi, a nominee to become Kenya’s new Cabinet Secretary. Mudavadi committed himself to meet Kenya’s obligations amid allegations that Nairobi defaulted on repayments for its Standard Gauge ...
