Africa Climate Summit seeks changes to global financial architecture • FRANCE 24 English

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FRANCE 24 English

FRANCE 24 English

8 ай бұрын

According to the International Energy Agency, global investment will need to surge to $2 trillion a year within a decade to reach the Paris climate agreement goals. One of the hurdles to financing the green transition in Africa is ballooning debt. A new paper by the Debt Relief for a Green and Inclusive Project shows the region will face debt servicing costs that are roughly the same as their climate financing needs. For more, we spoke to Kevin P. Gallagher of Boston University's Global Development Policy Center.
Read more about this story in our article: f24.my/9lVZ.y
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Пікірлер: 5
@joykennedy1368
@joykennedy1368 8 ай бұрын
Like the discussion on the white paper recently released. Actual data and monetary history.
@nicholasaustin2717
@nicholasaustin2717 8 ай бұрын
I like that KZbin identified climate change as the big conspiracy in this video. I must be a total psycho, because I think it’s debt holders in Argentina being told their investment in Nigeria needs to be written down because China also invested in Nigeria. I also appreciate that we believe China won’t find another reason.
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