As West cuts global aid, emerging powers must step up and contribute

With over 60 per cent of global real economic growth originating from developing economies, these nations are uniquely positioned to shape a development agenda that better reflects the realities and aspirations of the Global South. Their initiatives can provide additional resources, fresh perspectives and context-specific solutions that strengthen the impact and inclusivity of official development assistance.

One of the most effective models of modern development cooperation is the triangular partnership. This approach fosters collaboration among traditional and emerging national development agencies, international organisations – particularly those within the UN system – and international financial institutions.