Macron calls for massive investment to respond to climate emergency and poverty at Paris summit

SYLVIE CORBET and SAMUEL PETREQUIN

French President Emmanuel Macron called on Thursday for concrete solutions and massive investment for developing countries at the start of a two-day summit aimed at seeking better responses to tackle poverty and climate change issues by reshaping the global financial system.

Speaking in Paris, Macron said no country should have to choose between “reducing poverty or protecting the planet.”

The summit, hosted by France, is bringing together more than 50 heads of state, world finance officials and activists. They will discuss ways of reforming the global financial system and address the debt, climate change, and poverty crises.

Macron called for a “financing jolt,” insisting on the need for more investment from both the public and private sectors, and the crucial role played by international institutions.

“Faced with these challenges at the same time — poverty, climate and biodiversity — we must invest way more, and