Macron finance summit tackles global debt and climate reforms

Global summit in Paris hopes to rebuild trust between rich and poor nations on climate and development financing. By: Jack Graham, Thomson Reuters Foundation World leaders and heads of development finance institutions met in Paris last week for a summit hosted by French President Emmanuel Macron that aims to create a new pact between rich and poor countries to ease crippling debt and fund climate action. Developing nations are struggling to find the finance they need to adapt to worsening climate change impacts and transition to greener economies, partly because they are grappling with high levels of debt exacerbated by the