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IMF to shine light on 'murky cobweb of energy subsidies'

2013-09-26 01:44:00| Climate Ark Climate Change & Global Warming Newsfeed

BusinessGreen: The head of the International Monetary Fund (IMF) has pledged to help boost the green economy and tackle climate change by highlighting the damage of misplaced energy subsidies. Speaking at a United Nations summit on sustainable development this week, Christine Lagarde, managing director of the IMF, said getting the pricing right for the green economy was crucial to delivering sustainable development. Lagarde said that while the IMF was not an environmental group, it could help to "shine a...

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