“Although the summit received little to no reporting from the American media, it was the latest effort to reset the international financial system…”
By Derrick Broze July 14, 2023
Despite a blackout by the American media, the Summit for a New Global Financing Pact brought more than 50 world leaders to Paris for a meeting which is sure to have far reaching consequences for the world.
On June 22 and 23, President Emmanuel Macron welcomed 50 heads of state, representatives of NGOs and civil society organizations to Paris for the “Summit for a New Global Financing Pact.” Although the summit received little to no reporting from the American media, it was the latest effort to reset the international financial system as part of the continued push towards the 2030 Agenda and “net-zero” goals.
The French government stated that the objective of the gathering was to “build a new contract between [the global] North and South” which will better equip the nations to fight poverty and climate change. The summit was attended by US President Joe Biden, German Chancellor Olaf Scholz, British Prime Minister Rishi Sunak, and Brazilian President Luiz Inacio Lula da Silva.
In addition to heads of state, the summit was organized with support from the Open Society Foundations, the Bill and Melinda Gates Foundation, and the Rockefeller Foundation, among others.
France24 reports that Macron first announced his intention to host the finance summit at the end of COP27 in November 2022 after environmentalists were dissatisfied with the climate negotiations. At that meeting an agreement was reached to create a fund to compensate developing countries who suffer the effects of climate change. One of the goals of the June summit was to establish tools to finance such a fund.
One of the other stated goals of this summit was to transform the entire international financial system by adapting the International Monetary Fund (IMF) and the World Bank to modern challenges.
These goals mirror recent statements made by UN Secretary General Antonio Guterres when he called for a “new Bretton Woods moment”, referencing the infamous 1944 international agreement which established rules for governing monetary relations among independent states, including requiring each nation to guarantee convertibility of their currencies into U.S. dollars. The Bretton Woods Agreement established the IMF.
IMF Managing Director Kristalina Georgieva also called for a “new Bretton Woods moment” in October 2020.
One of the suggestions for generating the trillions of dollars needed to transform the financial system (and the world along with it) is to tax the biggest polluters, particularly fossil fuel companies because of “their historic responsibility for climate chaos.” There have also been discussions on taxing ships transporting goods.
NGOs are also proposing various forms of debt forgiveness for developing countries who have the dual task of repaying loans from developed nations and banks, such as the World Bank, while also battling environmental degradation.
“Today, countries in crisis are forced to repay their debts to creditor states, financial institutions and private banks, and this prevents them from investing in public services or fighting against climate change,” Lison Rehbinder, development finance advocacy officer at the CCFD-Terre Solidaire NGO, told France24. Rehbinder also says plans are being discussed to introduce clauses in loan contracts which allow debts to be suspended in the event of a “climate disaster.”
The actual “New Global Financing Pact” states that the goal is “Building a New Consensus for a More Inclusive International Financial System.” The document also outlines “key international milestones” for 2023 and 2024 where further commitments and discussions are expected to take place.
World Leaders Offer a Peek at the Agenda
Just days before the summit Le Monde published an opinion piece from 13 political leaders attending the summit, including Macron, US President Joe Biden, German Chancellor Olaf Scholz, British Prime Minister Rishi Sunak, and Brazilian President Luiz Inacio Lula da Silva. The politicians wrote that they are “urgently working to fight poverty and inequalities.”
“Climate change will generate larger and more frequent disasters, and disproportionately affect the poorest, most vulnerable populations around the world,” they wrote. “These challenges cross borders and pose existential risks to societies and economies.”
The political leaders echoed the usual language used by the UN, with talk of a “just and inclusive transition.” They also noted that going forward “poverty reduction and the protection of the planet are converging objectives.” The idea that fighting against worldwide poverty is tied to the fight to protect the environment is mentioned several times throughout the summit documents.
Macron, Biden, and friends stated that the transition to “net-zero” and goals of the Paris Agreement present the opportunity to “unlock a new era of sustainable global economic growth.”
They also noted that the New Global Financing Pact is “inspired by the historic Kunming-Montreal Global Biodiversity Framework (KMGBF)” and called for “new economic models that recognize the immense value of nature for humanity.”
The KMGBF was adopted in December 2022 at the UN Biodiversity Conference, also known as the 15th meeting of the Conference of the Parties (COP-15) to the Convention on Biological Diversity (CBD). The text of the document makes it clear that the agreement “sets out an ambitious plan to implement broad–based action to bring about a transformation in our societies’ relationship with biodiversity by 2030, in line with the 2030 Agenda for Sustainable Development and its Sustainable Development Goals.” The KMGBF also calls for “living in harmony with nature” by 2050.
As I have written before, we must be cognizant of the fact that organizations like the UN, WEF, and other globalist NGOs, non-profits, and politicians pay lip service to ideas like diversity, sustainability, and being inclusive. However, their actions show they do not respect diversity of thought, do not desire actual regenerative practices, and do not care about being inclusive of all people or thoughts.
Instead, what they envision is a world where nature is placed above the needs of man, and civil liberties, freedom of movement, and freedom of speech are curtailed in the name of some fantastical vision of saving the planet. This is not to say that every single individual working on this summit, or with the UN, WEF, and other organizations are aware of the larger agenda, the long-term goals. These globalist organizations often fool well-intentioned people into collaborating with them in an attempt to give an air of legitimacy to their anti-liberty actions.
Looking Towards the “Summit of the Future”
While the “Summit for a New Global Financing Pact” is an important event worth taking note of, we should also be aware that it is simply the latest in the globalist meetings taking place this year. The roadmap of the Pact makes it clear that the meeting’s main purpose is to draw up a guide that will be used at the next G20 summit in India in September, the Africa Climate Summit in September, the Sustainable Development Goals Summit in September, the annual meetings of the IMF and World Bank in October, and COP28 in Dubai in early December.
I recently wrote about how the UN is attempting to rally member states to recommit to complete the SDGs and Agenda 2030 by participating in the SDG Summit in September in New York City. Whatever happens at the September gathering of world leaders and politicians, it is likely to be extremely consequential for the future of Agenda 2030.
However, the document makes it clear that all of these meetings are leading towards the Summit of the Future in September 2024.
According to the Summit for the Future website, the summit is a “once-in-a-generation opportunity” to address gaps in global governance. The summit will also continue the push for nations to “reaffirm existing commitments” to the SDGs and the UN Charter. Member states will be expected to build on the outcomes of the SDG Summit and “breathe new life into the multilateral system” and accomplish the 2030 Agenda. The website also states that the Summit of the Future will conclude with a “Pact for the Future” which will be endorsed by Heads of State/Government at the summit.
I encourage all readers to pay attention to the SDG Summit in September of this year and the Summit of the Future in 2024. I believe we will see major steps towards the creation of a one world government between now and then.
The Predator Class may use the threat of a looming pandemic, or climate crises, or even threats from beyond our world, but the goal is the same: complete control and cataloguing of all human life. We must resist these plans at the local level if we have hopes to prevent The Great Reset from becoming reality.