(AGENPARL) – ven 03 giugno 2022 The latest IMF analysis of global economics, finance, development and policy issues shaping the world. []
[IMF Weekend Read]
Dear Colleague,
In today’s edition, we spotlight the trillions of dollars of renewables investment needed to combat climate change, the geo-economic puzzle facing policymakers in a more fragmented world, Japan’s economic outlook, India’s digital revolution, how conflict, Covid and climate change are exacerbating the world food crisis, the composition of the world’s reserve currencies, and much more.
Climate Change
Why Countries Must Cooperate on Carbon Prices
(PHOTO: IMF PHOTO/LISA MARIE DAVID)
Ravi Menon, Managing Director of the Monetary Authority of Singapore, highlighted the large financing gap between the investment in renewables that is required to reach net-zero and that which is being realized today.
“Bank balance sheets are constrained. The risk-return tradeoff is just not there. Many bankable projects, especially in Asia, are not getting green financing,” he said.
“Studies have shown that the social gains far outweigh the costs of climate financing.”
(CREDIT: PETER REYNOLDS)
As well as its tragic human cost, war ravages economies, reversing hard-won gains and setting back prospects for future economic development. The economic implications of the war in Ukraine risk being even more far-reaching.
In this issue, we provide cutting-edge research and analysis from accomplished authors on the economic implications of the war and its wider reverberations. In addition, we have complementary podcasts, videos, and other multimedia elements to help inform debate.
We hope this issue helps to stimulate our readers’ thinking as we try to chart a path towards a more hopeful future.
FEATURED ARTICLES:
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(PHOTO: ISTOCK/NIKADA)
(PHOTO: IMF PHOTO/JOSHUA ROBERTS)
(CREDIT: CANVA/IMF)
(PHOTO: IMF PHOTO/TAMARA MERINO)
WEEKLY ROUND-UP
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MARK YOUR CALENDAR
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Nick Owen
Editor
IMF Weekend Read
Thank you again very much for your interest in the Weekend Read! Be sure to let us know what issues and trends we should have on our radar.
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