Today’s summit in Paris an opportunity to reset international finance system: French Ambassador to Ireland

Ireland will be playing its part at summit which will see €100 billion of IMF funding allocated to poorer countries

Vincent Guérend Ambassador of France to Ireland. Picture: Collins

Building together a more responsive, just and inclusive global financial system

The post-war international financial architecture is no longer sufficiently adapted to deal with the growing inequalities, climate change, biodiversity erosion and public health challenges prevalent in the 21st century.

The international community’s responses are currently fragmented, partial and insufficient. Firstly, concessional resources provided by development institutions are not delivering their full potential in terms of impact, co-finance and alignment with needs. Secondly, the expansion ...