Not Yet on Track: Climate Threat Demands More Ambitious Global Action
New IMF analysis shows gaps in ambition and policy needed to achieve emissions curbs that contain global warming.
Fiscal Policies to Curb Climate Change
By Vitor Gaspar, Paolo Mauro, Ian Parry, and Catherine Pattillo
عربي, 中文, Español, Français, 日本語, Português, Русский
Global warming has become a clear and present threat. Actions and commitments to date have fallen short. […]
When Disaster Strikes: Preparing for Climate Change
By Seán Nolan and Krishna Srinivasan
Earlier this year, Cyclone Idai devastated Mozambique, Malawi, and Zimbabwe by leaving more than 1,000 people dead, thousands more missing, and damages in the billions. […]
Getting Real on Meeting Paris Climate Change Commitments
By Christine Lagarde and Vitor Gaspar
عربي, 中文, Español, Français, 日本語, Português, Русский
Climate change is the great existential challenge of our times. It is a challenge that spans all regions, with especially severe consequences for low-income countries. […]
Chart of the WeekFalling Costs Make Wind, Solar More Affordable
Harnessing wind and solar energy for low-carbon electric power generation was once considered uneconomical. […]
The Unequal Burden of Rising Temperatures: How Can Low-Income Countries Cope?
By Sebastian Acevedo, Mico Mrkaic, Evgenia Pugacheva, and Petia Topalova
September 27, 2017
Versions in عربي (Arabic), 中文 (Chinese), Español (Spanish), Français (French), 日本語 (Japanese), Русский (Russian)
The Earth’s temperature is rising. This will shape the economic future of communities across the globe (photo: Leolintang/iStock by GettyImages).
The Earth’s temperature is rising and its climate is changing. The increase in temperatures will shape the economic future of communities and countries across the globe. All countries will feel the direct negative effects from unmitigated climate change. But as our research in Chapter 3 of the October 2017 World Economic Outlook shows, the effects of higher temperatures will not be equal everywhere and the brunt of the adverse consequences will be borne by those who can least afford it—low-income countries. […]
Countries Are Signing Up for Sizeable Carbon Prices
By Ian Parry
Versions in: عربي Arabic, 中文 Chinese, Français French, 日本語 Japanese, Русский Russian, and Español Spanish
With global leaders set to start signing the landmark Paris Agreement on climate change tomorrow—April 22 is Earth Day—at the United Nations in New York, countries will embark on the potentially difficult and contentious issue of setting prices for greenhouse gas emissions, most importantly carbon dioxide (CO2). Our back of the envelope calculations show that most large emitters will need to charge anywhere from $50 to $100 per ton or more (in current prices) by 2030 to meet their commitments to reduce carbon emissions.
For Your Eyes Only: Three Jobs Not to Defer in 2013
Beyond our current economic and financial problems, there are long-term issues that we all know about, but that get too little attention in an era when policymakers are so fully engaged in slogging away at more immediate problems. Unfortunately, long-term issues unaddressed today will become crises tomorrow.