Imf News
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How green are Asia’s post-Covid economic recovery plans?Stimulus packages to kickstart pandemic-hit economies can either shape a low-carbon future or lock the world into a fossil fuel system. Which countries in Asia are leading the green transition? -
New principles to help accelerate the growing global momentum for carbon pricingNew report shows the number of implemented or planned carbon pricing schemes around the world has almost doubled since 2012, with existing schemes now worth about $50 billion.
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IMF urges higher energy taxes to fight climate changeEnergy taxes in much of the world are far below what they should be to reflect the harmful environmental and health impact of fossil fuels use, the IMF said in …
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Financial big guns aim at fossil fuelsThe multi-billion-dollar global fossil fuel industry might be getting just a little bit worried.
Imf Opinion
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Spend fossil-fuel subsidies on pandemic relief and the poor– Many developing countries have long maintained fuel subsidies because they are politically impossible to abandon, owing to the sticker shock that the public encounters at the pump as soon as prices are floated. But now that oil prices have reached historic lows, this problem has all but disappeared. -
Impact of Covid-19 on tourism in small island developing states– Small island developing states are most vulnerable to the impact of Covid-19 on tourism not only because they are highly dependent on tourism, but also because any shock of such magnitude is difficult to manage for small economies. -
Averting a Covid-19 security crisis in Africa– Although Covid-19 does not affect all equally, it does confirm the axiom that, in today’s interconnected world, global challenges require global solutions. The only way to build a safer post-Covid world is to ensure that Africa is not left behind.
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