IMF: Climate policies needed now to avoid 'innumerable' costs of inaction

Cecilia Keating
clock • 2 min read
IMF: Climate policies needed now to avoid 'innumerable' costs of inaction

Global body calls on governments to establish 'credible and irreversible' climate policies that drive 25 per cent cut in emissions by 2030

The International Monetary Fund (IMF) has warned that the cost of climate inaction will dwarf the economic hit of a managed transition to a lower carbon economy over the next eight years. The influential...

To continue reading this article...

Join BusinessGreen

  • Enjoy exclusive news, insights and analysis from Europe’s leading source of information on the green economy and business.
  • Make smart, responsible business decisions with an eye on the latest regulatory and tech development
  • Tap into our extensive archive of exclusive articles, news, analysis and guide
  • Access to our new BusinessGreen intelligence service, providing you with
  • > Exclusive in-depth case studies
  • > Policy briefings, white papers and reports on market trends that are shaping the direction of the net zero transition
  • Our overnight briefing, expertly curated help you run a competitive and sustainable business
  • Online and interactive meetings with BusinessGreen’s editors to discuss the crucial stories and trends from the past month

Choose from 3 paid membership levels or start a 7-day no strings trial.

Join nowTry 7 day trial


Already a BusinessGreen member?


More on Policy

Huge wildfires in farm fields in Essex last year | Credit: iStock

'Lost decade': CCC slams government failure to prepare UK for worsening climate impacts

Climate Change Committee warns record 40C heatwave last summer shows climate crisis has already arrived in the UK, yet the government's current adaptation strategy lacks ambition, clear targets, and funding

Michael Holder
clock 29 March 2023 • 7 min read
María Mendiluce: 'Narrative is what moves people to act on climate'

María Mendiluce: 'Narrative is what moves people to act on climate'

The head of the We Mean Business Coalition makes the case for positive climate conversations in enabling the net zero transition for companies of all sizes

Stuart Stone
clock 29 March 2023 • 9 min read
Credit: ScotWind

What to expect from 'Green Day'

The government is poised to update its Net Zero Strategy - here's what we know so far about what the new plan will likely contain

James Murray
clock 27 March 2023 • 16 min read