REPUBLIC OF CAMEROON Peace - Travel - Patrie PRESIDENCE DE LA RÉPUBLIQUE CABINET CIVIL Cellule de Communication REPUBLIC OF CAMEROON Peace - Work - Fatherland PRESIDENCY OF THE REPUBLIC CIVIL CABINET Communication Unit
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SUMMIT FOR A NEW GLOBAL FINANCING PACT
Paris - Palais Brongniart, 22 - 23 June 2023
PARTICIPATION OF THE PRESIDENT OF THE REPUBLIC OF CAMEROON, H.E. PAUL BIYA
PRESS KIT
Website : www.prc.cm
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# CONTENT
Sheet n°1 : Introduction Page 3
Sheet n°2 : Issues and Context Page 5
Sheet n°3 : Biographies Page 11
Sheet n°4 : Speech by the Head of State in Response to New Year Wishes from the Diplomatic Corps Page 15
Sheet n°5 : Keynote address by Head of State at the Milken Institute, Invest africa us private roundtable Page 18
Sheet n°6 : Programme Page 20
Sheet n°1
SUMMIT FOR
A NEW GLOBAL
FINANCING PACT
Paris - Palais Brongniart,22 - 23 June 2023
PRESS Kit
# INTRODUCTION
In a context of multiple coexisting crises - climate change, loss of biodiversity, health, debt, and poverty - the international financial architecture for financing development and climate action is showing its limits, and calls for reform are multiplying.
Generally speaking, Africa, which makes a marginal contribution to greenhouse gas emissions, is nonetheless bearing the brunt of the consequences through rising temperatures, droughts, coastal erosion, soil subsidence, and flooding. All in all, African countries are among those most affected by climate change, which is characterised by rainfall deficits on the one hand and extreme drought and flooding on the other. All of this is damaging for populations, compromising development prospects and undermining policies to combat poverty.
Last November at COP27 and the G20, Emmanuel Macron sought to position himself as the leader of a major reform of this financial architecture by inviting leaders from various countries and international institutions.
The President of the Republic of Cameroon, His Excellency Paul BIYA, will be taking part, alongside 100 other Heads of State and Government, in the "Summit for a new Global Financing Pact" to be held in Paris from the 22nd to the 23rd of June 2023. Cameroon's Head of State will undoubtedly be one of the main attractions of these meetings. Cameroon's geographical position places it at the very heart of Central Africa, and at the same time enables it to connect with West Africa via a long border of more than 1,400 km with Nigeria. Under his leadership, the country has also begun to modernise its infrastructure in order to become a hub for Central Africa and attract more investment to the country, with the aim of becoming the benchmark for the CEMAC (Economic and Monetary Community of Central Africa).
With regard to the theme of the Paris meeting aimed at increasing financial solidarity with the South – that is most vulnerable to climate change, it should be noted that this issue has been developed several times in the past by the President of Cameroon in various international forums, with judicious proposals.