Macron Proposes Summit to Support Developing Countries Facing Climate Change

French President Emmanuel Macron [Photo by Yonhap News]

[Asia Economy Reporter Chunhee Lee] France is pushing to hold a summit to provide financial support to developing countries in relation to climate change.

French President Emmanuel Macron stated on his Twitter on the 20th (local time), "A new financial agreement is needed with the most vulnerable countries," and added, "I will ensure that a summit can be held in Paris ahead of the next United Nations Framework Convention on Climate Change Conference of the Parties (COP)."

President Macron's remarks came on the day the 27th COP, held in Sharm El Sheikh, Egypt, concluded. Along with this, President Macron also said, "At COP27, France and Europe reaffirmed their commitment to climate."

President Emmanuel Macron called for support for developing countries vulnerable to climate change on the 20th (local time) through his Twitter account. [Image source=Twitter capture]

Local media reported that President Macron aims to meet with leaders of developing countries in Paris around June, before COP28 next year. COP28 will be held in the United Arab Emirates (UAE) from November 30 to December 12 next year.

In particular, President Macron is said to want to prepare the meeting with developing country leaders together with Mia Mottley, Prime Minister of Barbados. The Caribbean island nation of Barbados is facing a crisis due to rising sea levels. Prime Minister Mottley also urged the World Bank (WB) and the International Monetary Fund (IMF) to provide more financial support to island nations experiencing the climate crisis at this COP27.

This content was produced with the assistance of AI translation services.