That puts its inflows far ahead of Mexico (USD60 billion), China (USD51 billion), the Philippines (USD38 billion), Egypt (USD32 billion) and Pakistan (USD29 billion), positioning the country to retain its spot as the world's top recipient of remittances. Such foreign remittances make up almo
Cairo [Egypt], December 2 (ANI/PRNewswire): Branded as an attractive Mediterranean hub, Egypt is a choice for many as a big business destination, given its premium offshoring status.
Apart from Pakistan, the Japanese bank said that there were seven countries including Egypt, Romania, Sri Lanka, Turkey, the Czech Republic, and Hungary now at a high risk of currency crises.
COP 27 President Sameh Shoukry said, "I invite the CMA to adopt the draft decision of title funding arrangements for responding to loss and damage associated with the adverse effects of climate change, including the focus on addressing loss and damage."
Signalling potential for major breakthrough at the climate summit, Negotiators at the UN's COP27 climate summit have reached a tentative agreement to establish a loss and damage fund for nations vulnerable to climate disasters.
Sharm el-Sheikh [Egypt], November 16 (ANI/NewsVoir): Highlighting the growing consensus on oceans being critical to climate negotiations, a new policy brief from The Energy and Resources Institute (TERI) launched at an United Nations Framework for Climate Change Convention (UNFCCC) official
Speaking on low-carbon development strategy, Union Minister Bhupender Yadav said, "In order to enable us to achieve our NDC goals by 2030, we are currently pursuing low-carbon development strategy in all seven sectors. We have not focused on targets. We recognized that various factors may sh
The Union minister underlined how India updated its 'Nationally Determined Contributions' in August 2022 and has embarked on far-reaching new initiatives in renewable energy, e-mobility, ethanol blended fuels, and green hydrogen as an alternate energy source
New Delhi [India], November 15 (ANI/NewsVoir): At the 27th Session of Conference of Parties of the UNFCCC (COP 27) in Sharm El-Sheikh, Egypt, the India Pavilion hosted a side event on "Transformative Green Education: Experiences from India" between 06:30 - 07:30 PM IST (03:00-04:00 PM EET).
The report highlighted how climate change impacts are wreaking an ever-increasing human, financial and environmental toll, worsening food insecurity and poverty and holding back sustainable development. The report also painted a worrying scenario for future water stress.