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Paris Summit Takes Triple Aim at Debt, Climate, Development

The Summit for a New Global Financing Pact, aimed at reforming the increasingly dysfunctional development financing system, kicks off in Paris on Thursday. Its aims are huge. In the words of Catherine Colonna, the French Minister of Europe and Foreign Affairs, the goal is ...

Backgrounder: Why China Matters So Much at the Summit for a New Global Financing Pact

In Paris, all eyes are on Chinese Premier Li Qiang, representing the People’s Republic at this week’s Summit for a New Global Financing Pact. China’s rise is perhaps the most important mega-trend that led to the current rethinking of the global development finance system, but it remains ...

Chinese-Financed Coal Power Plants Making Life Very Difficult for Indonesia’s Coastal Communities

"It's hard to earn IDR 50,000 ($3) since the power plant is here,” said Dendi Arfani, a 26-year-old fisherman living in Teluk Sepang, a village in Indonesia's central Bengkulu Province. "It's not enough to cover our daily needs. Previously, in 2017, we could get a lot of ...

China’s Fanciful Dream to Play Israeli-Palestinian Peacemaker

Palestinian Authority President Mahmoud Abbas wrapped up a visit to Beijing last week where he heard lofty promises from Chinese officials about their desire to mediate a settlement with Israel. While the visit made for some good headlines, the chances of ...