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What Happened at the Summit for a New Global Financing Pact
What Happened at the Summit for a New Global Financing Pact
ratings:
Length:
26 minutes
Released:
Jul 3, 2023
Format:
Podcast episode
Description
Less developed countries rightly lament the lack of access to funding for sustainable development that donor countries routinely promise, but rarely deliver. To remedy, dozens of Presidents, Prime Ministers and high-level officials met in Paris for the Summit for a New Global Financing Pact to rethink the "global financial architecture" to support developing economies grow in a climate compliant way. This summit was intended to kickstart momentum toward new funding opportunities for sustainable development, including enacting reforms at the World Bank and International Monetary Fund. This was a big moment for the sustainable development community and joining me to explain what happened is Clemence Landers, a senior policy fellow at the Center for Global Development. We kick off discussing why such a meeting was necessary in the first place, including a trifecta of crises that is driving economic distress in less developed countries today. We then discuss the outcomes of the meeting, and what it means for global development and climate change debates going forward.
Released:
Jul 3, 2023
Format:
Podcast episode
Titles in the series (100)
Episode 6: PJ Crowley, former State Department Spokesperson: The former Assistant Secretary of State talks about the role of public diplomacy in US foreign policy, his long career in the Air Force, and how speaking out against the treatment of accused Wikileaker Bradley Manning marked the end of his public service. by Global Dispatches -- World News That Matters