#gni — Public Fediverse posts
Live and recent posts from across the Fediverse tagged #gni, aggregated by home.social.
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https://www.theguardian.com/global-development/2026/mar/25/cuts-to-aid-budgets-will-ultimately-hurt-the-uk-too-. "The cut in #aid to 0.3% of #GNI from 2027 is not just a moral dereliction of duty, betraying the world’s most marginalised, but a false #economy, bringing greater instability to the world & making people less safe."
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SUMMARY – Africa IGF Roundtable ‘Forging connections between Internet Governance, human rights, and development through the WSIS+20’
SUMMARY EN / FR | ARCHIVE | PERMALINK
Om May 31 2025, the Global Network Initiative (GNI) convened a roundtable 'Forging connections between Internet Governance, human rights, and development through the WSIS+20' at the Africa Internet Governance Forum (Africa IGF) in Dar Es Salaam, Tanzania.
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So, today's announcement by PM #Albanese is at least a re-engagement with the global community on #ClimateFinance after years of #Coalition isolationism. However, it is worth noting that of the AU$150m announced today, only $50m goes to the #GreenClimateFund, with $100m directed towards a different multilateral body, the Pacific Resilience Facility. That's the equivalent of about US$33m, or 0.002% of Australia's #GNI of roughly US$1.6 trillion (2022 figures).
To be contributing the 0.22% of GNI mentioned earlier, Australia would need to contribute more than one hundred times that much each year (around US$3.5b, or AU$5.3b).
6/8 -
So what's a fair share of the #GreenClimateFund for each wealthy nation to contribute?
Calculations by the #WorldResourcesInstitute a couple of years ago claimed that a 'fair share' for each wealthy nation that had pledged to contribute would be the equivalent of 0.22% of Gross National Income (#GNI) each year by 2020. The World Resources Institute found that during 2016–2018 (the first three years of the Green Climate Fund), only four countries were actually already meeting or exceeding their fair share of climate finance contributions: #Germany, #Japan, #France and #Luxembourg. #Sweden and #Norway were close (>80%). #Denmark was the only other country over 66%. At the very bottom of the list came the #USA and #Australia.
For Australia to be making a 0.22% 'fair share' of its (then) roughly US$1.3 trillion GNI, this would amount to around US$2.86b each year (=AU$4.33b). This obviously was not happening. How far short of its pledge had the Coalition government fallen? How much was Australia actually contributing? Even less than the World Resources Institute recorded...
4/8 -
U.S. net saving as a percentage of gross national income
https://fred.stlouisfed.org/series/W207RC1Q156SBEA
#ycombinator #national_income #gni #savings #gross #percent #net #nipa #income #bea #gdp #quarterly #nation #public_domain_citation_requested #usa #Economic_Data #FRED #St_Louis_Fed #Federal_Reserve -
U.S. net saving as a percentage of gross national income
https://fred.stlouisfed.org/series/W207RC1Q156SBEA
#ycombinator #national_income #gni #savings #gross #percent #net #nipa #income #bea #gdp #quarterly #nation #public_domain_citation_requested #usa #Economic_Data #FRED #St_Louis_Fed #Federal_Reserve -
#SouthKorea's #wealth gap with #G7 nations widens, according to World Bank data.
Despite a rise in #GNI per capita to $35,990 in 2022, #Korea still lags behind #Italy, which briefly fell behind Korea in 2020 due to the #pandemic.
https://www.koreatimes.co.kr/www/biz/2023/10/126_362173.html