Emerging markets are about to leapfrog fossil fuels to generate all the growth in their electricity supply from renewables in this decade. The peak global fossil fuel usage for electricity generation was probably 2018. The emerging markets are key to the global transition.
Category: emerging markets
Why the next viral social media channel is coming from emerging markets
Tiktok, which was created in China, witnessed an increase in the number of users on its app. Silicon Valley, once the origin of the first generation of social media applications…
Global food waste: developed vs. developing countries
Food waste has become a complex problem in recent years, attracting the attention of experts and customers in both developed and developing nations. According to the United Nations Food and Agriculture Organization, roughly one-third of all food produced for human use is wasted globally, amounting to 1.6 billion tons each year.
Guyana’s economy is booming and here is why
Last year, despite Covid, Guyana’s Real GDP growth rate was an astounding 43.4% per the IMF. Pre-Covid it was supposed to be 85.6%. As one of only 3 Countries globally with a Real GDP growth rate over 5% in 2020 as a result of the global Covid-19 pandemic, Guyana’s future couldn’t look brighter.
El Salvador is the first country to recognize Bitcoin as legal tender
A majority of El Salvador’s lawmakers have approved a bill to officially accept Bitcoin as legal tender. President Nayib Bukele has backed the use of Bitcoin, explaining it will help Salvadorans send remittances home. The US dollar will continue to be legal tender in the South American country.
Brazil’s cannabis industry takes its first steps
In contrast to the excitement shown earlier this year, the Brazilian cannabis sector is wary. Several companies promised in January that cannabis-based medications would be on national pharmacy shelves in the first half of 2021. The bulk of them have had their deadlines pushed out to 2021.
Colombia launches first blockchain based system to track Covid-19 vaccination
The digital passport, known as VitalPass, has been developed to track immunization Covid-19 utilizing the powerful Algorand blockchain technology, to provide security, traceability and openness throughout Latin America.
Ethiopia’s blockchain deal is a watershed moment – for the technology and for Africa
Cardano, IOHK and Emurgo have been showcasing how Cardano blockchain and its core technology can be used to the benefit of African countries.
US calls Brazil’s Bolsonaro to act in Amazon protection summit
The US government faces a moral dilema if it is to fulfill its electoral pledge to conserve the Amazon rainforest without allowing Jair Bolsonaro, whose government oversaw the rise in deforestation in Brazil, money and political gain.
In his 2019 campaign, Joe Biden vowed to raise USD $20 billion in private and public funds to avoid “losing the Amazon” and warned of “serious economic repercussions.”
Myanmar’s brutal military was once a force for freedom – but it’s been waging civil war for decades
The Myanmar military has been terrorizing civilians since a coup two months earlier. On the day of the parade, soldiers killed over 90 people for protesting military rule, including a 5-year-old boy and three teenagers. An estimated 564 people have been killed in Myanmar since the Feb. 1 coup.
