The work program for the second and last day of the forum will start early in the morning with a prologue on the activities to be promoted after the meeting, focused on the criteria of personalities and leaders of public and private organizations.

The president of COP28, Sultan Ahmed Al-Jaber, the president of the European Central Bank, Christine Lagarde, the general director of the World Trade Organization, Ngozi Okonjo-Iweala, and the president of the Rockefeller Foundation, Rajiv Shah, will be among the speakers in this first part.

The closing segment will be in session from 09:15 local time until noon. The event will end with a group photo, a presentation of the conclusions of the six round tables held on Thursday, a high-level dialogue and a press conference led by the host president, Emmanuel Macron.

The summit was the scene on Thursday of calls to transform the current international financial order into a fairer and more supportive system, in the face of challenges facing humanity such as poverty and climate change.

UN Secretary General António Guterres warned that the current financial architecture is in crisis, obsolete, dysfunctional and unfair, and does not respond to a multipolar world, a situation aggravated by the Covid-19 pandemic and the conflict in Ukraine.

“Rich countries can generate the necessary liquidity to relaunch their economies, a capacity that developing nations do not have, and who face the dilemma of paying their debts or attending to the basic problems of the population, which generates a terrible impact over several generations,” he stated.

During her speech, the Prime Minister of Barbados, Mia Mottley, highlighted the urgency of acting on profound and necessary changes and pointed also out the risk of inaction or going too slow. “We are not just asking for money, what we are demanding is a transformation of financial governance, because the World Bank and the International Monetary Fund were founded when our countries did not exist,” she said.

jrr/llp/jha/wmr