International summits are vital to promoting global agreement and laying the groundwork for future international cooperation. The Summit for a New Global Financial Pact took place in Paris, co-hosted by France’s President Emmanuel Macron and Barbados’ Prime Minister Mia Mottley. The Summit, organised with the aim of promoting global unity for international financial architecture form, set out to achieve four main goals focusing on fiscal sustainability and climate change in low-income countries. Amid the worldwide increase in extreme poverty and climate disasters, these conferences provide a platform for building coalitions to resolve urgent humanitarian issues. However, there has been a marked decline in international cooperation and the success of these events. In 2022, the United Nations Climate Change Conference COP27 …

“Already at 1.1-degrees of warming, we are living in an era of unmanageable loss and damage. We on the frontlines are paying the price for decades of wholly insufficient action by those most responsible for the dangerous state of our climate.” (AOSIS’ opening statement at COP27) At the outset of the 27th Conference of the Parties (COP) to the United Nations Framework Convention on Climate Change (UNFCCC), the Alliance of Small Island States (AOSIS) made clear what they wanted to get out of this gathering under the hot November sun of Sharm el-Sheikh. They would not leave Egypt without an acceptable agreement that would reflect their decades long struggle for financial support on loss and damage. And, against all odds, …