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Climate finance will grow but huge challenges persist

Location:

INTERNATIONAL

Climate investment globally topped USD1tn last year but remains well short of the estimated USD8tn requirement. Most funding goes to developed economies and mitigation projects…

End of post-1945 economic order bodes ill for growth

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INTERNATIONAL

The system of international institutions to promote cooperation and open trade was built on the political preferences of a group of the world's wealthiest states. Over time, the…

Egypt's economy will stand on firmer ground

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EGYPT

Its actions included floating the currency, which triggered a major devaluation, and a 600-basis point increase in its benchmark interest rate to 27.75%. Meanwhile, the government…

Risks threaten optimistic Greek growth forecasts

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GREECE

After the 2021-22 post-pandemic rebound, growth is stabilising at around 2%. Barring new external shocks, it is expected to remain at this level in the coming years. Improved…

Cambodia’s Hun Manet will prioritise economy

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CAMBODIA

The Cambodian People’s Party (CPP) -- led by former premier Hun Sen, Hun Manet’s father -- won 120 out of 125 seats in the National Assembly, the lower house, in last July’s…

Climate adaptation action to strengthen globally

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INTERNATIONAL

This is likely to be the first indicator of a push to drive adaptation up the political agenda in 2024.

Major tests lie ahead for Ecuador’s Noboa

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ECUADOR

The legislation’s smooth journey through Congress illustrates the pragmatic relationship Noboa has established with the legislature. This, however, will be difficult to maintain…

Abu Dhabi’s Africa outreach will accelerate

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UNITED ARAB EMIRATES

State-owned company Abu Dhabi Ports (ADP) is also prominent in the continent’s maritime sector, with agreements to operate ports in Angola and Congo-Brazzaville. The UAE’s…

Tunisia's president will scapegoat more businesspeople

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TUNISIA

President Kais Saied is seeking to press targeted members of the business class to accept an amnesty in return for significant investments. Yet this initiative has so far failed…

Yemen’s anti-Huthi front is unlikely to regain force

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YEMEN

The PLC is deeply divided, and economic conditions are deteriorating. There is no indication of improved governance in the southern areas of Yemen that it holds, despite the…