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Citizens' Climate Lobby UK

Citizens' Climate Lobby UK

Lobbying for a carbon fee and dividend

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IMF

The IMF says that the world needs to mitigate climate change now using a form of Climate Income, the cost of procrastination will only get higher…

A Guardian report on the 5th October examines the predictions of a chapter in the current IMF half yearly World Economic Outlook report. It  has a chapter titled Near-Term Macroeconomic Impact of Decarbonization Policies. The chapter models the cost of delaying the tackling of climate change until ‘conditions are right’ and current global inflation has …

Read moreThe IMF says that the world needs to mitigate climate change now using a form of Climate Income, the cost of procrastination will only get higher…
Christine Lagarde

The IMF on fossil fuel subsidies

In a new paper the IMF estimates global subsidies for fossil fuel energy implied by the underpricing of supply and environmental costs at a staggering $5.2 trillion in 2017, or 6.5 percent of world GDP

Read moreThe IMF on fossil fuel subsidies
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