A north-south lifeline: What Macron hopes to accomplish with the Summit for a New Global Financing Pact - News Summed Up

A north-south lifeline: What Macron hopes to accomplish with the Summit for a New Global Financing Pact


Almost 500 days into the war in Ukraine, Europeans and Americans are anxious about their relationship with the global south. Worse, some of the solutions put in place to overcome these crises – border closures, sanctions, re-shoring – have had major negative impacts on the global south. Many other opportunities to build on momentum created in Paris will shortly follow: the African Climate Action Summit, the SDG summit, the New Delhi G20 Leaders Summit, and COP28 in Dubai. For global south countries, the gathering should in turn create opportunities to strengthen support for their demands in all these upcoming forums. The success of the Paris summit will also depend on the capacity of states and other major players to take on the challenge – including Europeans.


Source: The North Africa Journal June 21, 2023 14:24 UTC



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