New global financial pact:The stakes of the Paris summit New global financial pact:The stakes of the Paris summit

Gabonese President Ali Bongo Ondimba and a hundred world leaders are gathering in Paris to discuss the financing of the world economy in the aftermath of the Covid-19 pandemic and in the midst of the Russian-Ukrainian crisis. The summit for the New Global Financial Pact is being held at the Palais Brongniart in Paris, France, and was called on the initiative of French President Emmanuel Macron.

During this two-day meeting, the participants will aim to lay the foundations for a more responsive and united global financial system that fights against inequalities, finances the climate transition, and works towards achieving the sustainable development goals. Mia Mottely, the Prime Minister of Barbados and a participant in the summit, emphasized the importance of this meeting in addressing these global challenges.

In a statement published on the summit website, President Macron expressed his optimism and concrete objectives for the summit. He highlighted the need to establish a new consensus and emphasized the interconnectedness of fighting poverty, decarbonizing the economy, and protecting biodiversity. Macron called for joint agreements on the best ways to address these challenges, including investments, reforms of institutions like the World Bank and the IMF, and the mobilization of public and private funds.

The stakes of this summit are high, as it takes place in a <a href="https://www.world-today-news.com/new-global-financial-pactthe-stakes-of-the-paris-summit-new-global-financial-pactthe-stakes-of-the-paris-summit/" title="New global financial pact:The stakes of the Paris summit New global financial pact:The stakes of the Paris summit”>gloomy global economic context marked by the consequences of the Covid-19 health crisis and the repercussions of the Russian-Ukrainian crisis. As a prelude to the meeting, President Bongo Ondimba and President Macron met at the Elysée Palace and reaffirmed their commitment to the preservation of the environment. Bongo Ondimba expressed his appreciation for the warm and constructive meeting, highlighting their shared ambition for the planet. He also emphasized the importance of supporting countries like Gabon that contribute significantly to the fight against global warming.

The summit for the New Global Financial Pact is expected to address key issues and pave the way for a more inclusive and sustainable global economy. The outcomes of this meeting will have far-reaching implications for the world economy and the fight against climate change.

Source: Infos Gabon

How do President Ali Bongo Ondimba and President Emmanuel Macron plan to address the global climate crisis and promote environmental preservation in the summit

Gabonese President Ali Bongo Ondimba and leaders from around the world have gathered in Paris for a two-day summit on the financing of the world economy in the aftermath of the Covid-19 pandemic and amidst the Russian-Ukrainian crisis. The summit, called the New Global Financial Pact, is being held at the Palais Brongniart on the initiative of French President Emmanuel Macron.

The participants aim to build a more responsive and united global financial system that tackles inequalities, supports the climate transition, and works towards achieving sustainable development goals. Prime Minister Mia Mottely of Barbados, who is taking part in the summit, stressed the importance of addressing these global challenges.

President Macron expressed optimism and specific goals for the summit in a statement on the summit’s website. He underscored the need to establish a new consensus and emphasized the interconnectedness of fighting poverty, decarbonizing the economy, and protecting biodiversity. Macron called for joint agreements on investments, reforms of institutions like the World Bank and IMF, and the mobilization of public and private funds to address these challenges effectively.

The stakes are high for this summit, given the gloomy global economic context marked by the consequences of the Covid-19 crisis and the repercussions of the Russian-Ukrainian crisis. Ahead of the meeting, President Bongo Ondimba and President Macron met at the Elysée Palace and reiterated their commitment to environmental preservation. Bongo Ondimba expressed appreciation for the warm and constructive meeting, highlighting their shared ambition for the planet. He also emphasized the importance of support for countries like Gabon, which make significant contributions to the fight against global warming.

The New Global Financial Pact summit is expected to tackle crucial issues and lay the groundwork for a more inclusive and sustainable global economy. The outcomes of this meeting will have far-reaching implications for the world economy and the battle against climate change.