Close Menu

Finance Ministers Grapple Over Economic Threat of Climate Change

Dean Rachel Kyte speaks with The New York Times about the Trump administration's refusal to acknowledge climate change.

The United States, under pressure from European countries to address the economic threat of climate change, agreed on Sunday to include a reference to those risks in a joint statement at the conclusion of a meeting of the world’s top economic leaders.

[...]

“Here you are, you’re the most important economy in the world still. All of your peers are working together to figure out how to use the instruments of fiscal monetary policy in order to manage a smooth energy transition, and you’re not in the room,” said Rachel Kyte, the dean of the Fletcher School at Tufts University and a former climate change envoy for the World Bank.

Read More