Policy Brief - How Can the Global South Navigate Geopolitical Rivalry and Geoeconomic

In short, there is much ambiguity about the precise definition of the Global South and the roles of Russia and China in that grouping, and such ambiguity will significantly influence the approaches of the Global South, as a group and as individual countries, in shaping their positions and actions. [...] In the broader development issues, India sees its interests as fully aligning with those of developing countries in the Global South, and has aspired to be the voice of the Global South in order to be in a stronger position when negotiating changes with developed countries. [...] One example of the effectiveness of this approach was seen in the united position of the G77+China at the COP28 in Dubai in December 2023 in obtaining commitments from developed countries to lead decarbonization efforts and contribute to climate finance, including firm commitments to the Loss and Damage Fund, to assist developing countries. [...] However, in navigating the geopolitically driven fragmentation of the world economy, developing countries need to be sensitive to the risks of losing out from the derisking measures adopted by the U. [...] About the Policy Center for the New South The Policy Center for the New South (PCNS) is a Moroccan think tank aiming to contribute to the improvement of economic and social public policies that challenge Morocco and the rest of Africa as integral parts of the global South.