Promoting the exchange of information on the legal, administrative and policy aspects of environmental conservation and sustainable development
A service of the International Council of Environmental Law -toward sustainable development - (ICEL)
A service of the International Council of Environmental Law - toward sustainable development - (ICEL)
Saturday, April 2, 2011
IMF regarding Climate Change
The International Monetary Fund (IMF) has issued a factsheet on "Climate Change and the IMF," which suggests that stabilizing global atmospheric concentrations of greenhouse gases will require a dramatic transformation of the entire global energy system, and recommends fiscal instruments to internalize environmental costs and large-scale and predictable financial assistance for developing countries to support action on climate change.
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