African perspectives on Bretton Woods and urgency of reforms in 2023 atlanticcouncil.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from atlanticcouncil.org Daily Mail and Mail on Sunday newspapers.
Achieving the target to limit global warming to below 2, preferably 1.5 degrees Celsius, compared to pre-industrial levels by the end of the century seems more unfeasible than ever. COP27 needs to pave the path for a renewed international cooperative and enforceable framework to reduce CO2 emissions by the world’s top emitters both in absolute terms and in per capita terms.
Looking ahead, the IMF and World Bank will need to focus on the Sub-Saharan Africa to and promote sustainable and inclusive growth as new challenges to global economic stability and prosperity arise.