Next week, world head to Paris for the Summit for a New Global Financing Pact. In the words of French President Emmanuel Macron, the Summit will ‘provide a forum to take stock on all the means and ways of increasing financial solidarity within the South.’ It builds on the so-called Bridgetown Initiative launched at COP by Prime Minister of Barbados, Mia Mottley, but goes beyond Bridgetown’s climate focus to cover a broad range of issues, from poverty and human development to the debt crisis. Politically, the message is clear: this Summit will be different from the others. This time, there will be true pledges and concrete deliverables. This time, it is all about building a new contract between the North and the South. Is this realistic? Can we expect a true dialogue this time? And what is at stake if this Summit doesn’t deliver on its promises?

Listen here: https://odi.org/en/insights/think-change-episode-26-how-can-we-build-a-just-financial-relationship-between-global-north-and-global-south/

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