BBCNEWS World Business Report June 4, 2024 13:31:00
The imf report, which analysed 170 countries, found direct and indirect subsidies for fossil fuels reached 7.1% of global gross domestic product or gdp in 2022 — that's more than was spent on education. the imf said governments could save $4.4 billion by scrapping these subsidies, and suggested targeted support for the poorest households. joining me now is ipek genscu, acting director of climate and sustainability programme at the odi global affairs thinktank. thank you for being with us. i suppose the first question is whether we should be surprised by any of this. we know the war in ukrain...
Source: archive.org