EXCLUSIVE COP27: IMF chief says $75/ton carbon price needed by 2030

Summary by Ground News

IMF Managing Director Kristalina Georgieva said the pace of change in the real economy was still "way too slow" Recent analysis by the World Bank-affiliated group suggests the sum total of global commitments on reducing climate-damaging emissions would see them fall just 11% by mid-century.

Published 3 months ago

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Reuters

EXCLUSIVE COP27: IMF chief says $75/ton carbon price needed by 2030

By Simon Jessop, Seham Eloraby and Valerie Volcovici SHARM EL-SHEIKH, Egypt - The price of carbon needs to average at least $75 a ton globally by the end of the decade for global climate goals to succeed, the head of the International Monetary Fund told Reuters. Speaking on the sidelines of the COP27 climate talks in the Egyptian coastal resort town of Sharm el-Sheikh, IMF Managing

3 months ago·United Kingdom

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Financial Post

COP27: IMF chief says $75/ton carbon price needed by 2030

SHARM EL-SHEIKH -- The price of carbon needs to average at least $75 a ton globally by the end of the decade for global climate goals to succeed, the head of the International Monetary Fund told Reuters.

3 months ago·Canada

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Gold Coast Bulletin

IMF: $75/ton carbon price needed by 2030

The price of carbon needs to average at least $75 a ton globally by the end of the decade for global climate goals to succeed, the head of the International Monetary Fund told Reuters on Sunday (November 6).

3 months ago·Southport, Australia

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Middle East Monitor

IMF Chief calls for $75 per ton global carbon tax standard to reach 2030 climate goals

The Head of the International Monetary Fund (IMF) has called for a global standard on carbon pricing, emphasising the goal to reach stated climate goals by the year 2030. Talking to the news agency...

3 months ago·London, United Kingdom

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