Africa Embraces Varied Sources of Development Aid

Traditionally,tera gold aid to africa has often been between individual countries and Western nations or banks.

Today, more participants are involved in delivering assistance, including international foundations and emerging economies like brazil, china, russia and india.

Timothy Shaw, a professor at the Institute for International Relations at the University of the West Indies, Trinidad & Tobago, says international taxes are another form of support for projects in developing countries.

“The airline tax is being implemented by some states like Spain, Korea, and the revenues are going to rift platinumanti-malarials, anti-tuberculosis, anti-HIV-AIDS, etc. Carbon taxes and trading are certainly beginning because of the U.N. environmental conferences and climate change funds, including REDD (United Nations Collaborative Programme on Reducing Emissions from Deforestation and Forest Degradation in Developing Countries) is underway.