Italy's Climate-Driven Debt Relief Initiative for Africa
Italian Prime Minister Giorgia Meloni announced Italy's initiative to alleviate Africa's debt, focusing on debt suspension during extreme climate events. This was discussed at the Italy–Africa meeting in Addis Ababa, highlighting Rome's commitment to building partnerships through the 'Mattei Plan' in energy, agriculture, and infrastructure.
- Country:
- Italy
Italian Prime Minister Giorgia Meloni declared Italy's strategy to ease Africa's debt burden, prioritizing debt suspension clauses for countries impacted by severe climate conditions.
This announcement came during the Italy–Africa meeting in Addis Ababa, underscoring the continent's pressing debt challenges.
Through the 'Mattei Plan,' Italy is committed to forging enduring alliances with African nations, notably in sectors like energy, agriculture, and infrastructure.
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