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World leaders mobilize capital for poor countries to fight climate change, poverty

by Matthew Atungwu April 28, 2023
written by Matthew Atungwu April 28, 2023
448

A new initiative called “Power our Planet: Act today, Save Tomorrow” has been launched by a few international leaders to combat climate change and extreme poverty in developing countries.

The effort was led by Global Citizen, the top international advocacy group, during a summit co-chaired by Prime Minister Mia Mottley of Barbados on Thursday in New York.

Emmanuel Macron, the President of France, Julius Maada Bio, the President of Sierra Leone, Pedro Sánchez, the Prime Minister of Spain, José Ramos-Horta, the President of Timor-Leste, and the Government of Zambia are among the other foreign leaders who have endorsed the cause.

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According to the communique issued, governments, banks, philanthropists and corporations are implored to contribute to raising funds that will tackle natural disasters, critical health challenges and educational deficiencies militating against poor countries.

“We call on all institutions, including the World Bank, to release the funds necessary to help the world’s poorest countries to adapt, to transition, and to withstand the climate crisis, not tomorrow but NOW,” said Mia Mottley, Prime Minister of Barbados.

He further said, “The leaders of wealthy countries must step up and pay up on the $16 billion of climate financing they have promised if we are to help save the planet and save lives. The climate crisis is our reality, and adaptation is key. Join me and take action as part of Global Citizen’s Power Our Planet campaign.”

Story adapted from Vanguard

Power our Planet
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