Paris summit: First step towards new global finance system? – DW – 06/23/2023
www.dw.com
A summit on global finance has brought together world leaders, international institutions and NGOs in Paris. It could be the beginning of a policy shift in international finance.

I’ve been reading similar head lines about this Paris summit for some days now. After reading this article it still doesn’t sound too special. Like it’s more problem oriented and has a bottom-up approach; so does anyone get what exaclty is " new " about it?

  • tl;dr botB
    3•1 year ago

    tl;dr:

    A summit on global finance has brought together world leaders, international institutions and NGOs in Paris. Participants at the summit said that a 2015 goal set for 2020 - to provide $100 billion to support climate action in developing countries - was likely to be reached this year. Damette thinks one specific result of this summit shows wealthier nations have understood they need to get developing countries on board. Senegal became the fourth JETP country at this week’s Paris summit. Isabelle Albert, climate resilience venture capitalist at Paris-based Wind Capital, concurs the summit has produced some tangible results.

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