Trans-Atlantic Cross-Perspectives on the Global Governance and Financing of Climate and Development
In this AD Special, former foreign ministers Ana Palacio from Spain and Erika Mouynes from Panama address key global affairs issues. One significant topic is Africa’s energy deficit, with over 700 million people lacking access to electricity. This situation necessitates private investment and risk mitigation strategies like those offered by MIGA. The panel also discusses the debt crisis in Latin America, particularly highlighting Argentina's obligations to the IMF. This crisis is crucial to understanding the region's role in global transitions, especially its abundant resources like lithium and copper. Additional discussions focus on COP29’s limited progress in climate finance, the ongoing trade debates within the G20, and the rise of economic nationalism. The Atlantic Basin is pivotal in fostering cooperation and addressing shared global challenges.