The International Monetary Fund is to start factoring in climate change to its macroeconomic models from next year, Climate Home has learned. That means its much-cited World Economic Outlook could expose how moves to curb greenhouse gas emissions threaten growth in oil-exporting countries, for example. The Washington DC-based IMF is the world’s leading authority on financial stability, boasting significant influence in the 188 countries it counts as members.
In May, it released a controversial study suggesting fossil fuel subsidies were worth US$5.3 trillion a year. In August, it urged Saudi Arabia to diversify its economy away from oil. Christine Lagarde, head of the organisation, has repeatedly called for carbon pricing to encourage green investment.
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Right-wing populist parties are already part of the governments of seven EU member states and are expected to make up a quarter of MEPs after the European elections in May 2019. In this episode host Martin Wall talks to the authors of an explorative study on the the voices and the weight of right-wing populist parties in the formulation of European climate policy.
The SDG 17 calls for getting the foundations right for substantial progress on the 2030 Agenda. It includes key conditions for successful sustainability action that are relevant across all actor groups, and most of them depend on international cooperation.
Intelligence analysts have agreed since the late 80s that climate change poses serious security risks. A series of authoritative governmental and non-governmental analyses over more than three decades lays a strong foundation for concern over climate change implications for national security.
Originally planned as a demonstration against fuel tax hikes, the Gilets Jaunes (Yellow Vests) revolts have sparked national and global debates. Some view the demonstrations as part of a rising anti-climate movement, while others draw parallels between the protests and demands for more climate action.