At a climate summit in Paris, Barbados's prime minister wants to raise billions for poor nations.
Barbados Prime Minister Mia Mottley says rich nations must help developing countries pay for impacts of climate changeWorld leaders meeting in Paris on Thursday could give poorer countries access to hundreds of billions of dollars to tackle climate change.
But Ms Mottley has built a global coalition to support her demand that the international financial system be fundamentally reformed. Dozens of world leaders are attending the Summit for a New Global Financing Pact, including the German Chancellor, the president of Brazil and the new president of the World Bank as well as the prime minister of China and the US Treasury Secretary.Ms Mottley is determined the meeting deliver results.
It wants to generate more finance for the countries that need it most through a wholesale modernisation of the international monetary system. One proposal is that institutions like the World Bank offer cheaper loans for climate action projects.
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