News
Latest News
news bulletin
Breaking Headlines
Israel-Gaza War Updates
Variety and Tech
Sports News
Middle East News
World News
Lebanon News
Press Highlights
Lebanon Economy
News Bulletin Reports
Other News
Breaking Headlines
Israel-Gaza War Updates
Variety and Tech
Sports News
Middle East News
World News
Lebanon News
Press Highlights
Lebanon Economy
News Bulletin Reports
Beirut
24
o
Mount Lebanon
24
o
Metn
24
o
Keserwan
24
o
North
25
o
South
24
o
Bekaa
23
o
Live
Video
Audio
Schedule
shows
العربية
watching now
Religious Entertainment
SUBSCRIBE
Home
Notification
Live
Video
Audio
shows
Beirut
24
o
Mount Lebanon
24
o
Metn
24
o
Keserwan
24
o
North
25
o
South
24
o
Bekaa
23
o
News
Programs
The News
Breaking Headlines
Israel-Gaza War Updates
Variety and Tech
Sports News
Middle East News
World News
Lebanon News
Press Highlights
Lebanon Economy
News Bulletin Reports
Programs
Documentaries
Lebanon’s Centennial
News Bulletin
The Untold History
Talk Show
Series
Sports
Variety
Other
Comedy
Oldies
Breaking News
Latest News
Highlighted News
Most Read
Videos
العربية
Watch the latest programs and the latest developments on your favorite screen
Shows
Join millions of followers
Who We Are
Contact Us
Advertise With Us
Careers
Channel frequencies
Privacy Policy
Terms and Conditions
Global Financial Pact Summit in Paris: Macron's vision for poverty and climate change
News Bulletin Reports
2023-06-23 | 13:21
High views
Share
Share
2
min
Global Financial Pact Summit in Paris: Macron's vision for poverty and climate change
French President Emmanuel Macron's ambitious slogan, "I feel that we can make a big difference to planet Earth and in poverty eradication," was tested during the two-day Global Financial Pact Summit in Paris, attended by forty heads of state or government.
Macron envisioned the summit as a new contract between North and South countries, aiming to explore mechanisms for financing the support fund for impoverished nations in their battle against the impacts of climate change. He emphasized the need for a "complete consensus" in order to achieve a "profound reform" of the global financial system, making it "more effective, fairer, and better adapted to the world of today."
The summit achieved its goal of allocating $100 billion from Special Drawing Rights (SDRs) of the International Monetary Fund (IMF) to aid developing countries in their development efforts and transition to clean energy. Additionally, a restructuring debt plan for Zambia was successfully undertaken.
Finally, this year will witness the fulfillment of the promise made by wealthy nations in 2009 to allocate a $100 billion pledge to assist impoverished countries in confronting climate change. However, this commitment has faced delays, with the original timeline for disbursement starting in 2020.
Paris will host a "follow-up meeting" for this summit in two years, focusing on establishing more effective financial instruments to combat poverty and climate change. It is clear that money alone is not sufficient for development; political will is equally crucial.
World leaders must shoulder their responsibilities and not only provide financial support but also work towards rebuilding trust between North and South nations.
News Bulletin Reports
World News
Global
Financial
Pact
Summit
Paris
Macron
Vision
Poverty
Climate
Change
France
Next
Breakthroughs expected: A new era for Gulf-Iran relations
Beyond borders: Leaders unite at Paris Summit to tackle climate crisis, poverty
Previous
Related Articles
d-none hideMe
0
News Bulletin Reports
2024-02-20
Impact of Fee Changes in Lebanon: Budget Revisions and Financial Realities
News Bulletin Reports
2024-02-20
Impact of Fee Changes in Lebanon: Budget Revisions and Financial Realities
0
News Bulletin Reports
2024-03-13
Addressing the impacts of climate change: Lebanon threatened amid projected rise in temperatures
News Bulletin Reports
2024-03-13
Addressing the impacts of climate change: Lebanon threatened amid projected rise in temperatures
0
News Bulletin Reports
2024-02-24
Climate Change Impact: Contrasting Ski Seasons in Lebanon and Europe"
News Bulletin Reports
2024-02-24
Climate Change Impact: Contrasting Ski Seasons in Lebanon and Europe"
0
News Bulletin Reports
2024-02-04
Internal struggles: Israel's government at odds over Paris Summit prisoner exchange deal
News Bulletin Reports
2024-02-04
Internal struggles: Israel's government at odds over Paris Summit prisoner exchange deal
Recommended For You
d-none hideMe
0
News Bulletin Reports
12:30
Israel's Strategic Considerations Amid Rising Tensions: Rafah, Lebanon, and Prisoner Exchange
News Bulletin Reports
12:30
Israel's Strategic Considerations Amid Rising Tensions: Rafah, Lebanon, and Prisoner Exchange
0
News Bulletin Reports
12:27
Debating Divestment: Student Demands to Cease Investments and Academic Ties with Israel in US Universities
News Bulletin Reports
12:27
Debating Divestment: Student Demands to Cease Investments and Academic Ties with Israel in US Universities
0
News Bulletin Reports
12:20
European Union Aid to Lebanon: Conditional on Addressing Illegal Migration
News Bulletin Reports
12:20
European Union Aid to Lebanon: Conditional on Addressing Illegal Migration
0
News Bulletin Reports
12:18
Unveiling the Tragic Fire: Investigating the Fatal Incident at Pizza Secrets in Beirut
News Bulletin Reports
12:18
Unveiling the Tragic Fire: Investigating the Fatal Incident at Pizza Secrets in Beirut
Subscribe to our VOD
SUBSCRIBE
Our visitors readings
d-none hideMe
0
Lebanon News
2023-09-26
Walid Jumblatt receives Qatari Ambassador to address the latest political developments
Lebanon News
2023-09-26
Walid Jumblatt receives Qatari Ambassador to address the latest political developments
0
Middle East News
2024-04-24
Iran sentences rapper Toomaj Salehi to death
Middle East News
2024-04-24
Iran sentences rapper Toomaj Salehi to death
0
Israel-Gaza War Updates
05:29
WHO: Emergency plan for potential attack on Rafah is just a 'band-aid'
Israel-Gaza War Updates
05:29
WHO: Emergency plan for potential attack on Rafah is just a 'band-aid'
0
Israel-Gaza War Updates
04:14
Turkey: Suspension of trade with Israel until permanent ceasefire in Gaza announced
Israel-Gaza War Updates
04:14
Turkey: Suspension of trade with Israel until permanent ceasefire in Gaza announced
Videos
d-none hideMe
0
Lebanon News
2024-04-30
University Students Organize Solidarity Protest for Palestine (VIDEO)
Lebanon News
2024-04-30
University Students Organize Solidarity Protest for Palestine (VIDEO)
0
Lebanon News
2023-12-11
Breaking: Israel launches raid north of Litani on Monday (Video)
Lebanon News
2023-12-11
Breaking: Israel launches raid north of Litani on Monday (Video)
0
Lebanon News
2023-11-02
Exclusive to LBCI: U.S. State Department's Wooster Stresses Lebanon Must Avoid War, Sees Renewed Push for Two-State Solution
Lebanon News
2023-11-02
Exclusive to LBCI: U.S. State Department's Wooster Stresses Lebanon Must Avoid War, Sees Renewed Push for Two-State Solution
0
Lebanon News
2023-10-18
Protests Erupt near US Embassy in Awkar Against Israeli Attacks on Al-Maamadani Hospital in Gaza
Lebanon News
2023-10-18
Protests Erupt near US Embassy in Awkar Against Israeli Attacks on Al-Maamadani Hospital in Gaza
0
Lebanon News
2023-10-05
ATFL's Ambassador Edward Gabriel on Navigating Through Economic, Political, and Refugee Crises
Lebanon News
2023-10-05
ATFL's Ambassador Edward Gabriel on Navigating Through Economic, Political, and Refugee Crises
0
Sports News
2023-08-31
Amir Saoud Powers Lebanon to Victory Over Cote d'Ivoire: A Deep Dive Into The Numbers
Sports News
2023-08-31
Amir Saoud Powers Lebanon to Victory Over Cote d'Ivoire: A Deep Dive Into The Numbers
0
Sports News
2023-08-29
France Edges Past Lebanon in a Nail-Biter at FIBA World Cup 2023: A Statistical Deep Dive
Sports News
2023-08-29
France Edges Past Lebanon in a Nail-Biter at FIBA World Cup 2023: A Statistical Deep Dive
0
Lebanon News
2019-02-28
Pierre el-Daher, the man who defeated the Lebanese Forces
Lebanon News
2019-02-28
Pierre el-Daher, the man who defeated the Lebanese Forces
Most read
d-none hideMe
24 hours
7 days
Month
1
Lebanon News
11:27
US Treasury designates five individuals and two Lebanon-based companies for aiding Hezbollah money exchanger
Lebanon News
11:27
US Treasury designates five individuals and two Lebanon-based companies for aiding Hezbollah money exchanger
2
Lebanon News
06:12
Lebanon calls for international pressure on Israel, focuses on Syrian refugee crisis in meeting with EU leaders - Key statements
Lebanon News
06:12
Lebanon calls for international pressure on Israel, focuses on Syrian refugee crisis in meeting with EU leaders - Key statements
3
Lebanon News
13:54
On LBCI, PM Mikati highlights Europe's new approach to Syrian refugee crisis: Interview highlights
Lebanon News
13:54
On LBCI, PM Mikati highlights Europe's new approach to Syrian refugee crisis: Interview highlights
4
Lebanon News
02:52
Abou Nader: Lebanese people reject European aid as a bribe to contain refugees
Lebanon News
02:52
Abou Nader: Lebanese people reject European aid as a bribe to contain refugees
5
Middle East News
00:09
Israeli strike hits Syrian security building outside Damascus
Middle East News
00:09
Israeli strike hits Syrian security building outside Damascus
6
World News
00:44
US and KSA close to security pact agreement
World News
00:44
US and KSA close to security pact agreement
7
Lebanon News
03:05
President Macron receives Walid Jumblatt, discusses Lebanon's political situation
Lebanon News
03:05
President Macron receives Walid Jumblatt, discusses Lebanon's political situation
8
Lebanon News
03:52
Lebanon ranks 140th in World Press Freedom Index amid economic and political crisis
Lebanon News
03:52
Lebanon ranks 140th in World Press Freedom Index amid economic and political crisis
Download now the LBCI mobile app
To see the latest news, the latest daily programs in Lebanon and the world
Google Play
App Store
We use
cookies
We use
cookies
to make
your experience on this
website better.
Accept
Learn More