The IMF has named the amount to overcome the climate crisis

IMF head Georgieva: mitigating the consequences of the climate crisis will require up to $ 10 trillion

ten trillion dollars over the next decade. This was stated by the Managing Director of the International Monetary Fund (IMF) Kristalina Georgieva during the Reuters Next conference. Her words are quoted by TASS.

The head of the fund emphasized that now, not billions, but trillions of dollars are needed. The IMF is addressing this issue because it is important to its members.

“I don’t think there are many people today who believe that climate change is not macro-critical for economic stability, growth and employment. It matters, “Georgieva said.

Earlier, the International Monetary Fund warned of the risks to the global economy due to the spread of the omicron strain of the coronavirus. As the IMF Managing Director said, the pace of recovery could slow down for this reason.

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