International Monetary Fund Managing Director Christine Lagarde and World Bank Group President Jim Yong Kim discussed challenges posed by climate change at the October 7 joint event, the Economic Case for Climate Change Action. The pair said climate action should be a high priority for nations, and Lagarde called for a concerted global effort. She also said the IMF is working on a new study on a potential U.S. carbon tax; the report is due next year.
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