Results for: Global South

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.