Paris climate finance summit fails to deliver debt forgiveness plan

Countries in debt distress thrown financial lifeline but critics say measures fall short of what is needed

Poorer countries struggling with a growing debt crisis were thrown a lifeline at a global finance summit in Paris but the plans still fell short of the debt forgiveness programme that some had hoped for.

Progress was made on reforms that would help address the climate emergency, as nearly 40 world leaders and the heads of global institutions met in Paris for the summit, which ended on Friday.