All articles tagged with #development aid
The Trump administration is urging countries to sign a joint declaration that prioritizes trade over aid and rejects the U.S. role as a leading humanitarian aid provider. Secretary of State Marco Rubio’s cable provides diplomats with talking points to present the idea at the U.N., framing it as part of a broader push to project an optimistic
The European Commission has announced that it will continue with payments of development aid to the Palestinian territories after an internal review found no evidence of funds being diverted to terrorist groups. The review was launched in response to concerns about the potential funding of Hamas, a designated terrorist organization. While no links to terrorism were found, two EU-funded projects worth €8 million have been suspended due to allegations of funds being used to incite hatred. The Commission is considering additional controls, including monitoring social media posts, to prevent hate speech and violence. The EU is the largest donor of aid to Palestinians and will continue to provide critical assistance.
France has announced the suspension of development aid and budgetary assistance to Burkina Faso, following the country's support for possible military intervention against the new military rulers in Niger. The move comes after the West African bloc ECOWAS issued an ultimatum to Niger's new rulers to return power to the democratically elected president or face military intervention. France expressed its firm support for ECOWAS' efforts to reinstate the elected president.
Rich G7 nations owe poor countries an estimated $13tn in unpaid development aid and support in the fight against climate change, according to British charity Oxfam. Developed countries promised in 2009 to transfer $100bn annually between 2020 and 2025 to climate-vulnerable states, but that target has not been met. Instead, the G7 nations and their banks are demanding debt repayments of $232m per day. Carbon emissions from rich nations are estimated to have caused $8.7tn in losses and damage to low and middle-income countries.
Japanese Prime Minister Fumio Kishida pledged to provide development support to Poland to help it assist Ukraine in defending itself against Russia's invasion. Kishida said Japan would offer Poland assistance to support its role and is looking to "vigorously build up" projects. Japan usually provides the type of promised aid to developing countries, which Poland is no longer, but the Japanese government is making a special exception. Kishida said it was crucial for like-minded countries such as Japan and Poland to remain united in their support for Ukraine and in furthering sanctions against Russia.