IMF Director Speaks Out on Climate Change

Head of the International Monetary Fund (IMF) Christine Lagarde (R) listens to Portuguese Prime Minister Pedros Passos Coelho during the meeting of Heads of State or Government of the Euro area as part of an European Council at the Justus Lipsius building, EU headquarters in Brussels on October 23, 2011. 
National Journal
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Clare Foran
Oct. 9, 2013, 2:37 a.m.

Managing Director of the International Monetary Fund Christine Lagarde is joining the call for international action on climate change, The Hill reports.

Speaking at an event hosted by the World Bank and the IMF on Tuesday, Lagarde stressed the need for global action to reduce greenhouse-gas emissions. She also said that unless developing nations invest in renewable energy and take steps to cap emissions, atmospheric levels of carbon will continue to rise.

Lagarde made an economic argument for efforts to fight pollution. “Economic instability results from the environmental damages affected by climate change,” she said.


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