World Bank, IMF Leaders Make Economic Case for Climate Action

World Bank: In a panel discussion on climate change, the heads of the World Bank Group and the International Monetary Fund said their institutions will offer the financial support and knowledge to put emerging economies on a green growth path. Panelists from India, Philippines, Peru, and Zambia stressed that there is no one-size-fits-all when it comes to tackling climate change. World Bank's vice president for sustainable development, Rachel Kyte, said that in addition to local adaptation programs, the Bank is also looking closely at mitigation of greenhouse gas emissions...