He already spoke about this in June, publishing an editorial in many international newspapers, signed by many world leaders: new global financial pact fight poverty and climate change because start true ecological transitionnecessary to mitigate the effects of climate change, which could have devastating consequences for the poorest countries, Huge financial resources are needed which will help weaker economies realize it.
These days, on the eve of the G20’s departure to India, the President of France Emmanuel Macron he returned to this topic with signed intervention with two African leaders, Azali AssoumaniPresident of the Comoros, but above all of the African Union, e Bola TinubuPresident of Nigeria.
“The Paris summit, we read, demonstrated our goal: a world where poverty is eradicatedthe health of our planet is preserved and vulnerable countries better prepared to cope with crises as a result of climate change and conflict. To achieve these goals, we must use all sources of funding, including official development assistance, national resources and private investment. Moreover, we must remain united. To avoid fragmentation, the governance of the international financial architecture must be transformed to make it more effective, more inclusive, fairer and more appropriate in modern world.”
Four principles declared fundamental new management of the international financial architecture: “no country should have to choose between the fight against poverty and the fight to protect and preserve the planet; Faced with different needs, countries may have to different transition paths; additional financial resources are needed to support vulnerable economies, lifting its population out of poverty while protecting the planet; Finally, today’s global challenges will depend on increased private capital flows to emerging and developing economies.”
Editorial it was also signed by the Prime Minister of Spain. Pedro Sanchezpresidents Zambia Hakainde Hichilema, del Kenya William Ruto, Del. Senegal Maki Sall,Egypt Abdel Fattah al-Sisi, del Benin Patrice Talon and finally Prime Minister Barbados Mia Mottley.
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