COP29 in Baku fell short of expectations, highlighting the urgent need for a reformed approach to climate financing and global cooperation. The summit’s shortcomings, coupled with geopolitical instability, create both challenges and opportunities for a more equitable and effective climate transition.
Union Minister Piyush Goyal addressed the CII Partnership Summit 2024, advocating for environmental justice for the Global South, sustainable consumption, and inclusive global cooperation. He highlighted the need for a balanced approach to technological advancement, emphasizing the importance of skilling youth and fostering stronger trade and tourism ties.
India’s External Affairs Minister, S Jaishankar, has asserted that countries from the Global South hold a high degree of trust and expectations in India. He cited India’s actions during the COVID-19 pandemic, its support for Ukraine, and the inclusion of the African Union in the G20 as evidence of India’s commitment to the Global South. Jaishankar’s remarks highlight India’s growing influence and its role as a responsible global power.
President Droupadi Murmu has embarked on a significant three-nation tour of Africa, visiting Algeria, Mauritania, and Malawi. This trip marks the first time an Indian head of state has visited these nations, signifying India’s growing engagement with the continent. The tour focuses on strengthening economic and trade ties, engaging with the Indian diaspora, and promoting India’s alternative development model in contrast to China’s influence in Africa. This visit underlines India’s commitment to championing the Global South and forging stronger partnerships with developing nations.
Indian Prime Minister Narendra Modi proposed a new ‘Global Development Compact’ aimed at fostering trade, technology sharing, and concessional financing for developing nations. The initiative, announced at the third India-hosted Voice of the Global South Summit, seeks to address concerns over the debt burden faced by many countries, particularly in light of China’s Belt and Road Initiative. The compact emphasizes a human-centric approach, focusing on sustainable development and avoiding debt traps. India also announced funding for trade promotion and digital public infrastructure development in the Global South.
Indian Prime Minister Narendra Modi emphasized India’s focus on inclusivity and development during its G20 presidency at the Voice of Global South Summit. He highlighted the summit’s role in shaping the G20 agenda based on the needs of developing nations and cited the historic inclusion of the African Union as a permanent member of the G20 as a testament to this approach.
India is hosting the third edition of the Voice of Global South Summit, bringing together leaders from developing nations to discuss shared challenges and opportunities. The summit, held virtually, will focus on empowering the Global South for a sustainable future, addressing issues like climate change, food security, and global governance.
MOLA, founded by Brazilian Creative Director Isabela Lima, is a platform dedicated to fostering cross-cultural exchange through an annual digital publication, exhibitions, and events. The platform aims to showcase the artistic excellence of the Global South and place it at the heart of cultural dialogue.
Prime Minister Narendra Modi addressed the G7 summit in Italy, calling for an end to monopolies in the technology sector. He emphasized the impact of global uncertainties and tensions on developing nations in the ‘global south.’ Modi emphasized India’s contributions and his government’s commitment to developing the country. He noted that countries in the global south are disproportionately affected by global challenges.
Marco Arcelli, the CEO of ACWA Power, highlighted the increasing affordability and rapid deployment of renewable energy systems in developing countries.
