Saturday, May 02, 2020

Never waste 'a crisis': IMF chief sees coronavirus as 'great opportunity' to create a green economy

Never waste 'a crisis': IMF chief sees coronavirus as 'great opportunity' to create a green economy
"Environmentalists have an unprecedented chance to turn their policy hopes into a global reality during the economic crisis caused by the coronavirus pandemic, according to the head of the International Monetary Fund.
Image result for imf green economy“You know, a crisis [is] never to be missed as an opportunity to do better,” IMF managing director Kristalina Georgieva said Monday.
Georgieva, a Bulgarian economist who took over as IMF chief last year, has a prominent role influencing how countries soften the economic blows delivered by the pandemic. 
She is also working on strategies to “jump-start economies” after the contagion passes. 
She favors a “coordinated fiscal stimulus that can generate a new momentum for the world economy,” crafted with an eye on climate change as well as the coronavirus crisis..."
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