(EnergyAsia, May 14 2010, Friday) — The International Monetary Fund (IMF) has issued a staff paper proposing the setting up a new green fund to invest US$100 billion a year by 2020 to help developing countries finance the costs of combating climate change. The paper’s authors, economists Hugh Bredenkamp and Catherine Pattillo, suggest that creation…
CLIMATE CHANGE: IMF staff propose investing US$100 billion a year in new green fund
Posted on May 13, 2010 by EnergyAsia