Climate Change and Financial Risk

WASHINGTON DC, Jan 16 (IPS) – Pierpaolo Grippa is a senior economist at the International Monetary Fund (IMF), Jochen Schittmann is the IMF’s resident representative in Singapore and Felix Suntheim is a financial sector expert in the IMF’s Monetary and Capital Markets Department*. Climate change is already a reality. Ever-more-ferocious cyclones and extended droughts lead to the destruction of infrastructure and the disruption of livelihoods and contribute to mass migration.

Read the full story, “Climate Change and Financial Risk”, on globalissues.org

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