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South-South Cooperation (SSC) has been regaining traction in recent years. Due to setbacks in North-South Cooperation, calls for new development efforts are increasing. Development partnerships among Southern states aim to be complementary to traditional cooperation and is rooted on horizontality, solidarity, and respect for national sovereignty and ownership. SSC offers itself as a modality that attempts to shift away from ineffective development cooperation practices. One of its core principles, which came from the Bandung Era,
Development Cooperation, Development Effectiveness, Development Finance, RoA Asia Pacific, Statements
After decades of aggression between Israeli occupation forces and the Palestinian people, the past weeks witnessed relentless attacks on civilians and wide-scale human rights violations. Driven by their right to self-determination, Palestinian armed resistance forces have long fought for their independence and rights over their land. Israel’s response remains violent, launching bombs, air strikes and dangerous chemicals on its occupied territories, detaining civilians, cutting off access to water, power, food and medical supplies, forcing millions
The International Monetary Fund and the World Bank Group (IMF-WBG) are gearing to reform themselves as a response to heightening crises of our generation. At the Annual Meetings last 9 to 15 October, the institutions brought together states, multilateral institutions, IFIs, and civil society to discuss critical matters on delivering impact in the context of a world experiencing a polycrisis. With the theme, “Global Action, Global Impact”, the IMF-WBG seeks to continue its work in
From October 9 to 15, the International Monetary Fund and the World Bank Group (IMF-WBG) held its Annual Meetings in Marrakech, Morocco. With the theme, “Global Action, Global Impact”, the events aimed to bring together Bank and Fund officials, states, other multilateral development bank (MDB) representatives, CSOs, and the private sector to discuss matters critical to advancing development finance, policies, and other bank processes. Throughout the Meetings, discussions on private finance, climate, the World Bank
This article was originally published in südostasien, a German magazine focused on amplifying voices on and from Southeast Asia on economic, political, and cultural issues. Read the piece in German here. by Tala Batangan, Reality of Aid-Asia Pacific The urban poor, rural and coastal communities of Southeast Asia are exposed to the threats of climate change, such as extreme weather events and rising sea levels. Disproportionately impacted by the climate emergency, countries in the region suffer
Last September 25 to 26, the Asian Infrastructure Investment Bank (AIIB) held its eighth annual meeting at Sharm El-Sheik, Egypt. With the theme, “Sustainable Growth in a Challenging World”, the bank stressed on the role of multilateralism in order to address the interconnected economic, political and developmental challenges the world faces today. Discussions were organized along three thematic streams: sustainability, connectivity, and multilateral cooperation, highlighting the role of the bank to mobilize financing for infrastructure
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