Global leaders convene in Paris to revitalize finance and climate agendas.
French President Emmanuel Macron hosts a summit to ease the debt burdens of low-income countries while freeing up more funds for climate financing. The summit brings leaders together to forge a consensus on how to progress initiatives currently struggling in bodies like the G20, IMF-World Bank and United Nations. The topics on the agenda take up suggestions from a group of developing countries, led by Barbados Prime Minister Mia Mottley, dubbed the 'Bridgetown Initiative'. Though binding decisions are not expected, officials involved in the summit's planning said that some strong commitments should be made about financing poor countries.