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In contemplating the intersection of finance, economics, and climate justice, it becomes evident that our current international financial architecture significantly contributes to exacerbating climate change and widening environmental disparities. The prevailing economic system not only perpetuates unsustainable practices but also fails to address the needs of marginalized communities disproportionately affected by environmental degradation.
The Youth Cafe participated in the Launching of the EU Youth Empowerment Fund Launch (YEF). YEF is the key flagship of the empowerment pillar of the Youth Action Plan in EU External Action (YAP). The YAP features flagships for the three pillars of the plan: engage, connect and empower. The YEF will be implemented as a pilot initiative worth €10 million that will provide direct financial support to youth-led initiatives in partner countries focusing on the implementation of the Sustainable Development Goals at the local level, in particular on environment and climate change and the inclusion of vulnerable and marginalised youth.
