World Bank: climate change hurting global economy
Source(s):
Responding to Climate Change
The president of the World Bank says global warming is a real risk to the planet and is already affecting the world’s economy, reports RTCC.
Speaking to the G20 finance ministers at their meeting in Moscow the president, Dr Jim Yong Kim, urged governments to “tackle the serious challenges presented by climate change. These are not just risks. They represent real consequences.”
According to the report, Dr Kim said issues around climate change “do not typically come before finance ministers and central bank governors. This, I firmly believe, is a mistake. " He asserted that the World Bank is "stepping up its mitigation, adaptation and disaster risk management work."