Governments should consider green investing incentives, says IMF
Policymakers should consider providing a financial incentive for sustainable funds as existing capital is “too limited in size and scope” to have a major impact on climate change, the International Monetary Fund has warned. In its semi-annual Global Financial Stability Report, published on Monday, the IMF said that an additional investment of as much as $20tn (£14.7tn) over the next two decades will be required to facilitate a green transition. Alongside this, a mainstreaming of green fiscal policies and greater...