Opinion / #IMF
Current macroeconomic frameworks rightly treat climate shocks as threats to fiscal stability, but do not recognise the economic benefits of investing in measures that mitigate their effects.
With investors already confronting the consequences of environmental instability, there can no longer be any doubt that nature risk is financial risk. Asset owners, central banks and institutions like the International Monetary Fund have a responsibility to integrate this awareness into all their activities.
Systemic inequality and financial exclusion are blocking women’s full economic participation – and costing the global economy trillions.
Tackling the intertwined crises of debt, climate change and biodiversity loss is essential to restoring growth and stability in developing economies.
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