Thursday, September 24

Tag: climate change

Jamaica joins Coalition of Finance Ministers for Climate Action
Jamaica News

Jamaica joins Coalition of Finance Ministers for Climate Action

Finance Ministers know most clearly the economic consequences of climate change: both the risks posed by its mounting impacts to their economies, as well as, increasingly, the opportunities of climate action which could unlock $26 trillion globally in investments and create 65 million more jobs through 2030. They can also play a leading role in tackling climate change, incentivizing climate-informed public expenditure, and utilizing climate fiscal tools such as carbon taxes and emissions trading systems to cut emissions and prioritize low-carbon growth. At the 2018 Annual Meetings of the World Bank Group and the International Monetary Fund, governments from nearly 40 countries convened to boost their collective engagement on climate. The group recognized the challenges posed by climate ...