African nations seek G7, G20 support for debt restructuring, cancellation, and long-term development financing, with focus on special drawing rights, renewable energy, agriculture, and tech sectors.
African countries, hit hard by climate change and extreme weather events, need rich nations to unlock financing. The G7 and G20 should support debt restructuring, cancellation, and provide more concessional, long-term development financing. African leaders propose reallocating special drawing rights to the African Development Bank and investing in renewable energy, agriculture, and tech sectors.
May 24, 2024
3 Articles