| Emissions charges and carbon pricing should be “front and centre” in addressing climate change, the International Monetary Fund has said. In a paper titled After Paris: Fiscal, Macroeconomic and Financial Implications of Climate Change, IMF staff highlight that fiscal policies will be crucial to implementing the historic agreement between 195 world leaders signed at COP21 in Paris last December.
“Most immediate, and key, is the need to recognise and exploit the potential role of fiscal policies in implementing the mitigation pledges submitted by 186 countries in the context of the Paris agreement,” it said...............................................Full Article: Source
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