Emerging Powers Needed as Western Aid Dwindles Amid Global Crises - PRESS AI WORLD
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Emerging Powers Needed as Western Aid Dwindles Amid Global Crises

share-iconMonday, January 06 comment-icon3 weeks ago 9 views
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scmpSCMP
Emerging Powers Needed as Western Aid Dwindles Amid Global Crises

Credited from: SCMP

  • The landscape of global development is shifting due to **geopolitical tensions**, **climate change**, and ongoing **health crises**, leading to reduced aid budgets.
  • Several Western nations, including some European countries, have cut **foreign aid contributions**, redirecting funds to domestic issues, severely impacting international development programs.
  • The **United Nations** is seeking **$47 billion** in aid for 2025 to assist millions affected by conflict and starvation, as current appeals lack sufficient funding.
  • Emerging economies like **Kazakhstan** are stepping up their contributions to development, engaging in **trilateral partnerships** and acting as key players in regional cooperation.
  • The call for emerging powers to contribute is essential as **developed nations** scale back their commitments, emphasizing the need for a collaborative global development framework.

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Global aid Emerging powers Development Kazakhstan South-South cooperation ODA
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