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Added on the 20/01/2023 12:30:41 - Copyright : AFPTV - First images
At the COP26 summit in Glasgow, the IMF is urging rich countries to keep the promises they made when they signed the Paris Agreement in 2015. Developed countries pledged $100 billion per year to help poorer countries reduce carbon emissions, a target that has not yet been met. Kate Moody spoke to Kristalina Georgieva, Managing Director of the International Monetary Fund, about how to close the financing gap and, more broadly, how to keep the goal of a 1.5°C temperature rise alive.
Dozens died in floodwaters whilst 54 perished in four landslides in Raigad and Ratnagiri districts in western Maharashtra state.
The world faces a "dark future" if it fails to tackle climate change and inequality, IMF managing director Christine Lagarde warned on Tuesday.
The International Monetary Fund managing director Christine Lagarde warned Tuesday greater resilience would be needed from the world's emerging economies to handle China's slowdown, warning the road ahead could be "somewhat bumpy".
UN Secretary General Antonio Guterres calls on wealthy countries to move up their goals of achieving carbon neutrality "as close as possible to 2040". Guterres, who will hold a climate action summit in September, again stresses the role of the Group of 20 -- the world's largest economies and Europe -- which together are responsible for 80 percent of global greenhouse gas emissions. SOUNDBITE