Now, show us the climate money

The Summit for a New Global Financing Pact convened by French President Emmanuel Macron last week in Paris started a crucial conversation on increasing support by rich countries for poor developing countries to tackle climate change. A few concrete announcements - in principle agreement to restructure Zambia's $6.3 billion debt, a $2.7 billion package for Senegal to increase renewable capacity, progress on recycling of special drawing rights (SDRs), political endorsement for a global levy on shipping - emerged.

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