Paris talks aim to rehaul world financing norms

This photograph shows a replica of a wind turbine on a net reading 'End fossil finance, make polluters pay' as activists demonstrate against fossil finance on the Trocadero Plaza in Paris, on the eve of the Summit for a New Global Financial Pact. (Photo: AFP)

PARIS: Dozens of heads of state, along with leaders from business, multilateral institutions and civil society are set to gather in Paris Thursday to discuss ways to rehaul the global financial system, as climate change inflicts ever harsher consequences especially on debt-strapped developing countries.