“We need quick reform of the international financial architecture. It simply doesn’t work in terms of addressing the financing and the debt challenges that Africa is having.”
That’s the view from Claver Gatete, Executive Secretary of the UN Economic Commission for Africa (UNECA), taking part in a discussion organized by Africa Renewal earlier this week.
UNECA brings countries together alongside the African Union to boost key development issues such as financing, climate action and new technology.
He told UN News’s Julia Foxen about the need for fairer global financial systems and greater investment in climate adaptation efforts.
Source of original article: United Nations (news.un.org). Photo credit: UN. The content of this article does not necessarily reflect the views or opinion of Global Diaspora News (www.globaldiasporanews.com).
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