IMF backs global green spending spree, rising carbon prices to curb climate change

Published 11:20 on October 8, 2020  /  Last updated at 22:59 on October 8, 2020  /  Carbon Taxes, International  /  No Comments

A major public green spending programme combined with steadily rising carbon prices would help the world achieve net zero greenhouse gas emissions by 2050 at a moderate cost and with longer-term benefits outweighing that, the International Monetary Fund (IMF) said Thursday.

A major public green spending programme combined with steadily rising carbon prices would help the world achieve net zero greenhouse gas emissions by 2050 at a moderate cost and with longer-term benefits outweighing that, the International Monetary Fund (IMF) said Thursday.

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