HONOLULU, Hawaii, Sep 3 2016 (IPS) - The world’s super-polluters – the United States and China – have formally joined the Paris Agreement on climate change in a symbolic show of unity.(more…)
– In recent days, two major developments have injected new life into international action on climate change. At the G20 summit in Australia, the United States pledged 3 billion dollars and Japan pledged 1.5 billion dollars to the Green Climate Fund (GCF), bringing total donations up to 7.5 billion so far. The GCF, established through […]
China and the United States are responsible for 35 percent of global carbon emissions but could do their part to keep climate change to less than two degrees C by adopting best energy efficiency standards, a new analysis shows. Although China’s energy use has skyrocketed over the past two decades, the average American citizen consumes […]
In this column, Demba Moussa Dembele, director of the African Forum on Alternatives in Dakar, analyses the geopolitical reasons behind the recent summit in Washington between African leaders and the U.S. President and concludes that Africa has become the “new frontier” of global capitalism.
Despite worsening crises in Ukraine, Gaza, and elsewhere in the Middle East, the administration of President Barack Obama hopes next week to focus at least some more positive attention on Africa. The U.S.-Africa Leadership Summit, which will bring presidents, prime ministers, and other top officials of some 50 African nations here, is designed to demonstrate […]
While this week’s BRICS summit might have been off the radar of Western powers, the leaders of its five member countries launched a financial system to rival Bretton Woods institutions and held an unprecedented meeting with the governments of South America. The New Development Bank (NDB) and the Contingent Reserve Arrangement signal the will of […]
In this column, Yilmaz Akyuz, chief economist of the South Centre in Geneva, argues that in recent years developing countries have lost steam as recovery in advanced economies has remained weak or absent due to the fading effect of counter-cyclical policies and the narrowing of policy space, and he recommends measures to reduce the external financial vulnerability of the South.
Japan has functioned under its “peace constitution” for nearly 70 years. The distinctive Article 9, which prevents the country from conducting war as a means of resolving international conflict, is showing its age. Over the last several decades, after repeated “reinterpretations,” the peace constitution has become increasingly enfeebled. With its latest decision, the government of […]