Just 20 days out, a much-hyped summit from French President Emmanuel Macron designed to strike a new deal between wealthy nations and the rest of the world is so far big on calls for action but light on commitments, according to a possible declaration outline, seen by Devex.
The four-page text, titled “Structure and options for a possible declaration,” was shared with the steering group for the Paris summit, including officials from the United States, European Commission, China, Brazil, South Africa, United Nations, International Monetary Fund, and others.
France and India, which currently holds the presidency of the G20, are leading preparations for the June 22-23 event, announced by President Macron last year with the aim of reaching “a new financial pact with the [global] South.”