Why the Paris Financing Summit failed

By Jayati Ghosh, Sandrine Dixson-Declève, and Johannah BernsteinNEW DELHI — The recent Paris Summit for a New Global Financing Pact was touted by its organisers, including French President Emmanuel Macron, as a groundbreaking initiative to forge a “new contract” between the Global North and South that would address climate change and foster sustainable development. The fact

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