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Sitharaman Urges Stronger Role for Multilateral Development Banks as Global South Faces Climate, Geopolitical Shocks
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3 Articles
Lula Calls for New Financing Model to Tackle Sustainable Development and Climate Crisis - teleSUR English
‘If we don’t discuss a new way to finance developing countries, they will stay poor for more than 100 years,’ he said. On Friday, Brazilian President Lula da Silva urged the creation of a new financing model to address sustainable development challenges and the global climate crisis. RELATED: BRICS Journalists Association Condemns Detention of Sputnik Reporters in Azerbaijan “If we don’t discuss a new way to finance developing countries—especial…
President Luiz Inácio Lula da Silva asked, on Saturday (4), that global financial institutions find new ways to finance sustainable development in the world, without conditions and austerity measures that undermine investment capacity, especially in poorer countries. “It is not money-saving, it is loans that people can get out of poverty in which they are and give quality jumps”, said Lula participated in the annual meeting of the New Developmen…
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