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IMF expresses concern over climate change’s material impact on economies

World News

25-07-2023 | 14:40

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IMF expresses concern over climate change’s material impact on economies

The International Monetary Fund expressed growing concern on Tuesday about the 'material' impact of climate change on economies worldwide.

The Fund also urged for more coordinated efforts to address the root causes of climate change, highlighting that extreme weather is posing significant risks to countries, particularly to developing economies already burdened with high debts.

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