President Bola Ahmed Tinubu, alongside world leaders, is set to participate in a significant global summit in Paris, France, on June 22 and 23. The summit aims to review and finalize a New Global Financial Pact that prioritizes support and investment for vulnerable countries in the face of climate change, energy crises, and the aftermath of the COVID-19 pandemic.
In a statement issued by his Special Adviser, Dele Alake, it was revealed that President Tinubu will join multilateral institutions, financial experts, and economists to comprehensively assess the recovery of economies from the impact of the pandemic and the increasing prevalence of poverty. The primary objective of the summit is to provide access to finance and investment, leveraging inclusive growth and restoring fiscal space to countries facing short-term financial challenges, particularly those burdened by significant debts.
The two-day summit, hosted by President Emmanuel Macron of France, will focus on mobilizing innovative financing to support countries vulnerable to climate change, promoting development in low-income nations, and encouraging investments in green infrastructure for the energy transition in emerging and developing economies. By addressing these pressing issues, the global leaders aim to forge a path towards sustainable recovery and prosperity.
President Tinubu will be accompanied by members of the Presidential Policy Advisory Council and senior government officials. Following the summit, he is scheduled to return to Abuja on Saturday, June 24.
