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IMF to Account for Climate Change in Economic Forecasting

2015-10-29 14:12:00| Climate Ark Climate Change & Global Warming Newsfeed

Climate Home: 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...

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