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A global finance summit was held in Paris on Thursday 22 and Friday 23 June. The countries of the South are asking for concrete actions, particularly in terms of energy transition.
Fight against climate change, but also against poverty in the world. “We must fundamentally reform the governance of the international financial architecture so that it is more efficient, fairer and more adapted to today’s world”, said Emmanuel Macron, on the occasion of the world finance summit, Friday, June 23. A roadmap, the result of a common desire to stop widening the gap between North and South, has been drawn up.
President Lula wants an institutional revolution
Senegal will receive 2.5 billion euros for its energy transition, while Zambia’s debt will be restructured. This process could also soon concern Ghana. But some leaders want to go further, with an institutional revolution. “If we don’t change the institutions, the world will stay the same”said Brazilian President Lula. The countries of the South demand concrete actions. One of the priorities for Africa is the construction of energy infrastructure.