Countries around the world are often grouped into three categories: developed, developing, and least developed. These groups help us understand how countries differ in terms of economy, living ...

Advocacy groups tell The Independent that growing support from MPs and ministers for more ambitious UK-led debt relief is being held back by resistance from the Treasury. Nick Ferris reports ...

30 March 2026 - Developing countries are being priced out of the affordable finance they desperately need for sustainable development, with sovereign credit ratings often overstating risk and ...

Developing countries spent a record $1.4tn (€1.3tn) to meet their foreign debt obligations in 2023, according to a new report from the World Bank. This came after many economies were compelled to take ...

The final deal, agreed in Azerbaijan, will see developed countries pay $300 billion a year by 2035 to help poorer countries mitigate the impact of climate change. After two weeks of intense ...

In an era where climate change poses unprecedented challenges, developing countries face mounting pressures on their water resources. The impacts manifest through disrupted water cycles and ...

If there's one acronym to remember when navigating the acronym-ridden world of climate diplomacy in 2024, it's NCQG, for New Collective Quantified Goal on Climate Finance. The NCQG, in other words, a ...

WASHINGTON, Dec. 3, 2024—Developing countries spent a record $1.4 trillion to service their foreign debt as their interest costs climbed to a 20-year high in 2023, the World Bank’s latest ...

Whether you use “Third World” or “Developing” to describe a certain country, both terms mean the same thing: poor. But it didn’t always mean that. During World War I, First World was used to refer to ...