Economic Leaders Make Case for Climate Action

Economic Climate Action

Leaders from the World Bank and International Monetary Fund recently discussed the economic incentives for managing worldwide climate disruption. Without action towards green growth in emerging economies, climate change could ruin the poverty-reduction work these economic institutions have accomplished.

One solution proposed by IMF Director Christine Lagarde is to cut subsidies for fossil fuels, such as gasoline. This would provide new revenue for health and education while reducing greenhouse gas emissions. Read a summary of the forum here or watch the entire discussion here.

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