World Leaders urged to ’Listen to Mia’

Today, world leaders are gathering in Paris for the Summit for a New Global Financial Pact hosted by President Macron, which could lay the foundations for a new global financial system.

To align with the summit, world-famous screen writer, director and UN Advocate for the Sustainable Development Goals, Richard Curtis, has launched a new film featuring Barbados Prime Minister Mia Mottley. The video urges world leaders at the Summit to ‘Listen to Mia’ in her campaign to reform the global financial architecture.

Multilateral Development Banks, like the World Bank, were created almost 80 years ago.  As a result, their lending models are outdated and exclude countries in the Global South from accessing the funds they need to face current challenges.

Mia Mottley has advocated for reform of these institutions since she took office, as Prime Minister of Barbados. Through her Bridgetown Initiative she has set out clear steps to upgrade the international financial system and pave the way for a prosperous future for people and planet. 

The film will be played to a crowd of twenty thousand at Global Citizen’s free, ticketed Power Our Planet: Live in Paris event, featuring performances from global superstars Lenny Kravitz, Billie Eilish, H.E.R., Jon Batiste and special guests Ayra Starr, FINNEAS, Joé Dwèt Filé and Mosimann.

Power Our Planet: Live in Paris is taking place on the sidelines of the Summit which is attempting to lay the groundwork for a new financial system that is fairer and more equitable globally. The Summit will see world leaders come together to take action on these global challenges and accelerate the much-needed transition.

 

Mayors of 10 leading cities sign open letter calling for greater support as COP27 begins

The Mayors of 10 leading cities, including London, Tokyo and Accra, have signed an open letter in the Financial Times today, calling for greater investment in cities to get the World’s To-Do List done.

In the letter, city leaders from five continents called on their national counterparts to unlock the finance to invest in reducing emissions and creating good green jobs, as they acknowledge that none of the Global Goals will be achieved without tackling climate change.

The letter comes as world leaders gather in Sharm El Sheik for COP27, where a focus is being placed on finding the finance to meet the goal of limiting global heating to 1.5 degrees. In particular, the need to direct funding for adaptation and resilience to countries in the global south, where the worst impacts of the climate crisis are already being felt. This comes as a recent study by Carbon Brief shone a light on the gulf between pledges made by major economies and the finance that has so far been delivered.

As cities are home to over half the world’s population and responsible for 70% of carbon emissions, Mayors and city leaders are key leaders in the fight against climate change. This month, a number of C40 cities will be represented at COP27, including Austin, Dhaka and Freetown. Their message to world leaders is simple: The best way to protect people from climate change and rising prices is to invest in cleaner, greener and fairer cities, not fossil fuels. 

Read the full letter below:

The Open Letter From C40 World Mayors in the Financial Times
The Open Letter From C40 World Mayors in the Financial Times

Learn more about C40 at C40.org.