The Future Summit in New York was marked by a powerful and visionary speech by Minister of State Eve Bazaiba, representing the Democratic Republic of Congo. In her speech, she argued with conviction for a thorough reform of the international financial architecture, in order to better meet the concrete needs of beneficiary countries, an urgent necessity to ensure sustainable development by 2030.
Highlighting the persistent gaps and inequalities in the governance of international financial institutions such as the IMF and the World Bank, the Minister stressed the crucial importance of inclusive multilateralism. The latter should take into account the realities and specificities of each beneficiary State, for a more effective and equitable implementation of the sustainable development agenda.
Eve Bazaiba proposed a gradual transition from development aid to equitable and sustainable partnerships, thus offering an innovative perspective for the evolution of international relations. She notably mentioned the need to set up mechanisms promoting carbon credits, in order to finance local climate change adaptation and mitigation projects in the Democratic Republic of Congo.
This strong and committed speech by the Minister of State illustrates the Congolese government’s firm desire to play an active role in the overhaul of the international financial architecture, and to work towards more equitable and inclusive global governance. Eve Bazaiba’s remarks reflect a bold and pragmatic vision, emphasizing the need to rethink current paradigms to promote truly win-win partnerships between nations.
In conclusion, the Democratic Republic of Congo shows its determination to contribute to the transformation of international financing mechanisms, with the aim of promoting sustainable and equitable development for all. The dynamism and relevance of the proposals put forward by Eve Bazaiba pave the way for positive and lasting changes, calling for the mobilization of the entire international community to jointly meet the challenges of the 21st century.