Thursday, May 22, 2025
spot_img
spot_img
HomeEvents / VideoClimate goals and debt: A fiscal balancing act

Climate goals and debt: A fiscal balancing act

IMF Podcasts

WASHINGTON, USA – Global warming is wreaking havoc on so many levels, but climate action is costly and presents policymakers with difficult tradeoffs.

High debt, rising interest rates, and weaker growth prospects make public finances harder to balance and climate goals harder to achieve.

This is where fiscal policy and climate mitigation meet and why the IMF fiscal affairs department is trying to help countries manage their limited resources.

Economists Christine Richmond and Raphael Lam work on climate policy and the annual publications of the IMF Fiscal Monitor.

In this podcast, they say governments now face a policy trilemma between achieving climate goals, fiscal sustainability, and political feasibility. Read the blog.

spot_img
RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

spot_img
spot_img
spot_img

Caribbean News

US Grants 60-Day Chevron Extension: Direct talks lead to US soldier release

White House Envoy Richard Grenell held negotiations with Maduro government officials in Antigua. By Ricardo Vaz CARACAS, (venezuelanalysis.com) – The Donald Trump administration has...

Global News