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Macron opens climate summit in Paris, calls for ‘finance shock’

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The World Bank says it will pause debt repayments for countries hit by natural disasters.
The announcement was made at a summit in Paris involving 50 heads of state.
Leaders are discussing proposals to reform financial lending institutions including the World Bank and Internal Monetary Fund to give developing countries more say.
Developing nations want fairer global lending, in the era of climate disaster and are urging systemic change.

Al Jazeera’s Natacha Butler has more from the summit in Paris, France.

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Category
World
Tags
Al Jazeera, Al Jazeera English, Climate
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