How the IMF RST and Innovative Climate Finance Can Serve Africa
By Ali Mansoor and Awa Mbaye
Source: africa.com
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Public sector, catalyst to private climate finance
Climate change is one of the most critical macroeconomic and financial policy challenges that IMF members face in coming decades. The recent spikes in the cost of fuel and food—and the resulting risks of social unrest—underline the importance of investing in green energy and boosting resilience to shocks.
Source: graphic.com.gh
Not Yet on Track: Climate Threat Demands More Ambitious Global Action
By Kristalina Georgieva, IMF Managing Director – In 1785, Robert Burns reflected on how humanity has come to dominate our planet: “I’m truly sorry man’s dominion, has broken nature’s social union,” he wrote. The Scottish poet’s words still ring true two centuries later.
Source: mercopress.com