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Radio France Internationale
Radio France Internationale
World
RFI

Climate finance summit under pressure to overhaul 'punitive' global system

French President Emmanuel Macron is seeking to build a consensus around overhauling the global financial order. © Emmanuel DUNAND / POOL/AFP

Paris (AFP) – A global summit seeking to overhaul the international financial system wraps up Friday after taking small steps towards easing the debt burden of developing nations weighed down by climate and economic crises.

While host country France pitched the conference as a consensus-building exercise, leaders are under pressure to produce clear outcomes from the two-day meeting as economies stagger under growing debt after successive crises in recent years.

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