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The fireside chat between Mo Ibrahim & Pres. Ruto is the most riveting session of #IGW.

The candid convo was wide-ranging: global financial architecture, climate justice, African Union reforms, Africa’s external relations, etc. Some highlights 🧵1/ youtube.com/live/ny2jgGMMt…
“The current international financial architecture is, to put it bluntly, rigged against those of us in the global south because we cannot meaningfully address our development needs with the financial resources from this architecture” - @WilliamsRuto 5.50min 2/
Ruto urges African countries to be at the forefront of green industrialization.

Mo Ibrahim proposes that a fund be set up in which high emitters pay for consuming more than their fair share of the carbon budget.

They both agree on using market incentives i.e carbon pricing 3/
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