EQS-News: Natural Gas Should Be Part of the Discussion at Summit for a New Global Financing Pact (By NJ Ayuk)
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Thursday, June 22, 2023
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Global debt has risen sharply, and amid additional borrowing, it’s become tougher for developing and low-income countries to repay their debts.
Key Points:
- Global debt has risen sharply, and amid additional borrowing, it’s become tougher for developing and low-income countries to repay their debts.
- Being able to level the playing field and to create new financing sources is an honorable and perhaps overdue goal.
- Natural gas is a cleaner-burning fossil fuel than oil or coal, and it can play a significant role in reducing greenhouse gas emissions.
- The fact is, African resources offer an avenue toward a greener and more prosperous future, and not just for Africa.