The world faces triple obstacles to a green future, with the global economic crisis smothering action on global warming and feeding an expanding gap between haves and have-nots, IMF Managing Director Christine Lagarde warned. She said that the three different crises on economic, environmental, and social fronts feed off each other and cannot be addressed each in isolation.
“The global economy is still rocked by turmoil, with uncertain prospects for growth and jobs. The planet is warming rapidly, with unknown and possibly dire consequences down the line. Across too many societies, the gap between the haves and have-nots is getting wider and strains are getting fiercer,” she said.
Lagarde addressed an audience of policymakers and journalists at the Center for Global Development in Washington, D.C.
See full Transcript.
Saturday, June 23, 2012
IMF Survey: Economy Faces Triple Threat to Sustainable Future, Says Lagarde
The world faces triple obstacles to a green future, with the global economic crisis smothering action on global warming and feeding an expanding gap between haves and have-nots, IMF Managing Director Christine Lagarde warned. She said that the three different crises on economic, environmental, and social fronts feed off each other and cannot be addressed each in isolation.
“The global economy is still rocked by turmoil, with uncertain prospects for growth and jobs. The planet is warming rapidly, with unknown and possibly dire consequences down the line. Across too many societies, the gap between the haves and have-nots is getting wider and strains are getting fiercer,” she said.
Lagarde addressed an audience of policymakers and journalists at the Center for Global Development in Washington, D.C.
See full Transcript.
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