(EFE) North-South Confidence.
The high-level meeting, dubbed “Summit for a New Global Financial Compact”, will take place on June 22-23 at the Palais Brongniart, which will be attended by figures such as Brazilian leader Luiz Inácio Lula da Silva, Chinese Prime Minister Li Qiang or the US Treasury Secretary Janet Yellen.
The Presidents of Colombia, Gustavo Petro, and Cuba, Miguel Díaz-Canel, will be the other Latin American leaders to attend, the Elysee announced on Friday.
In total, the countries present will add up to one hundred. Spain will be represented by First Vice President and Minister for Economy and Digital Transformation, Nadia Calviño.
Philanthropists, representatives of civil society and major international institutions, such as the new President of the World Bank, Ajay Banga, or the Secretary General of the United Nations, António Guterres, will also travel to Paris at the French President’s call.
The goal is that no country in the world “have to choose between reducing poverty and protecting the planet,” Elysee sources said on Friday, a week before the summit. According to the sources, it is an “open” and “ad hoc” initiative to move the talk forward as France has not been given a specific “mandate” to make concrete decisions.
The goal is that no country in the world “have to choose between reducing poverty and protecting the planet,” Elysee sources said on Friday.
They assured that this format is more inclusive than others, such as the G20 meetings, as it allows for greater participation from civil society and small countries.
Nonetheless, France will try to put forward concrete measures, such as levying a tax on CO2 emissions from maritime transport or restructuring the debt of countries with fewer resources.
And most importantly, Paris wants 2023 to be the year when the promise made at the Copenhagen climate conference in 2009 that rich countries would send $100 billion a year in aid to the poorest countries in the fight against the climate is finally fulfilled change without neglecting their development.
“2023 should be the year when the international community should deliver on that promise,” the Élysée sources said.
Although the annual totals have not been known for two years, the French government “feels that the countries that have committed have not met them” and that the “unblocking” of this commitment is essential to “make the restore trust”. North South .
This search for a new international “consensus”, of which Paris claims to be only the first step, should lead to a reform of the major international financial institutions such as the World Bank and the International Monetary Fund, which emerged from the Bretton Woods Accords at the end of the Second World War.
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