Heads of state, finance leaders and activists are converging in Paris. They’re gathering at a summit to seek ways to overhaul the International Monetary Fund and World Bank and help them weather a warmer and stormier world. The banks have been criticized for not factoring climate change into lending decisions and being dominated by wealthy […]
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Paris summit aims to focus on climate, shake up the financial system
Heads of state, finance leaders and activists are converging in Paris. They’re gathering at a summit to seek ways to overhaul the International Monetary Fund and World Bank and help them weather a warmer and stormier world. The banks have been criticized for not factoring climate change into lending decisions and being dominated by wealthy countries like the U.S. The neediest nations have been left out of calling the shots.