The Hill reports:
hristine Lagarde, managing director of the International Monetary Fund, on Tuesday echoed Secretary of State John Kerry’s warning about the need for a concerted global effort to combat climate change.
Lagarde discussed climate change woes with World Bank Group President Jim Yong Kim during the joint event. Both agreed climate change must be high on the priority list for all nations, emphasizing the need for developing countries to invest in sustainable resources.
“Economic instability results from the environmental damages effected by climate change,” Lagarde said at an “Economic Case for Climate Change Action” event at World Bank headquarters in Washington.