Comprehensive foreign media reports in Bet365 app download JournalThe African Climate Foundation recently released the report "Priorities for Equitable Reform of the Global Bet365 app download System"。Chairman of the African Climate Foundation Advisory Committee、Carlos Lopes, Emeritus Professor at the Nelson Mandela School of Public Governance at the University of Cape Town, South Africa，IMF and World Bank need to continue reform，To address bias and injustice in the current global Bet365 app download architecture，This is particularly important for Africa, which needs to expand public and private financing channels and relieve all types of debt。The transformed global Bet365 app download system needs to be affordable、Reliability、Adequacy and the ability to be acutely aware of the continent’s vulnerability to climate change。In addition，It should also be able to address the ongoing debt crisis and liquidity challenges faced by many African countries。Only to establish a fairer new order，Major financing institutions can improve Africa’s climate adaptability through Bet365 app download support，Promote sustainable economic growth in African countries。

Lopez said，The African continent is rich in mineral resources needed to achieve a green transition，Has broad prospects for developing clean energy。However，Major Bet365 app download tend not to avoid investing in Africa，Just focus on exports，Instead of promoting local economic transformation。The report "Priorities for Equitable Reform of the Global Financial System" outlines various aspects of investment shortfalls in Africa and the reasons for the obstacles to ensuring financial liquidity。First，Most funding currently goes toward climate change mitigation，Such as increasing forest area, etc.。In the view of some financiers and lending institutions，Mitigation measures often result in higher economic returns，However，How to enhance climate adaptability is the priority for the African continent to deal with climate change。Secondly，Unfair financing rules and biased rating agencies lead to higher loan rates in African countries。Although most African countries have lower global default rates on infrastructure project debt，They still need to work hard to justify their funding needs。Last，Restrictive Terms、Commercialization of climate finance、High interest rate、Unfulfilled climate finance commitments、Unethical and speculative carbon markets、Reduction in overseas development aid and other factors，And the practice of labeling the same funds “climate finance”，will lead to a decrease in the level of capital liquidity。

This report also proposes，The global financial architecture undermines Africa’s fiscal sovereignty and ability to pay the costs of climate action。In addition，The international tax system perpetuates historical power inequalities，More business interests serving rich countries，And further marginalize less developed African countries。López thinks，Implement more robust and transparent financial supervision，Critical to increase the number of financial market participants and financial instruments。For this，Bet365 app download need to formulate and implement new rules，Thus achieving the effect of promoting various financial services and reducing their costs。López said，Some multinational companies take advantage of preferential tax policies and legal loopholes，Let capital flow out of Africa through the international banking system。Therefore，Global regulations are necessary to protect the tax base of African economies。In addition，Reconsider illegal fund flows，This means holding countries that receive illicit funds accountable。

Lopez said，African countries have been actively participating in the reform agenda of the global financial system。For example，The first African Climate Summit adopted the "Nairobi Declaration and Call for Action by African Leaders on Climate Change"，Aiming to reshape climate investment pathways on the continent，Emphasis on Africa’s unified position on climate finance，And encourage the international community to support African financial institutions。In comparison，More and more people are beginning to question the ability of some Bet365 app download to respond to current global challenges。López thinks，Bet365 app download should reassess their operating models，Enable African countries to better obtain financial support，And give African countries a greater say in the allocation of funds。In addition，Bet365 app download should develop innovative financial support methods，Develop new financial instruments tailored to borrowers’ real-time needs，For example, support the development of smart agriculture with greater intensity。

　 (Bet365 app download/Compiled)