The climate crisis is too important to let our goals turn into failed promises.

Abstract

The climate crisis is too important to let our goals turn into failed promises.

Contents

The climate crisis is too important to let our goals turn into failed promises.

THE CLIMATE ISSUE

  • No Time to Waste

    Kristalina Georgieva

  • Our Last, Best Chance on Climate

    The COP26 meeting in Glasgow may usher in a new era of sustainable development

    Amar Bhattacharya and Nicholas Stern

  • Five Things to Know about Carbon Pricing

    Carbon pricing shows serious promise as a tool in the fight against climate change

    Ian Parry

  • Driving Deep Decarbonization

    As green energy costs drop, we should shift the emphasis from economy-wide carbon pricing to sectoral policies

    James H. Stock

  • Economics Nature’s Way

    Good economics demands that we manage Nature better

    Partha Dasgupta

  • Fighting Climate Change with Innovation

    Innovation has brought us to an infection point; the coming decade will be decisive

    Kelly Levin and Andrew Steer

  • Climate Cooperation

    Working with its members, the IMF is managing the risks and opportunities of climate change

    Eddie Buckley

  • Chimpanzee Politics and Climate Change

    The animal kingdom can teach us important lessons about ourselves and increase cooperation to fight climate change

    Ruchir Agarwal

ALSO IN THIS ISSUE

  • Clean and Green Finance

    A new sustainable financial system can secure a net zero future for the world

    Mark Carney

  • Building Back Better

    Finland and Dominica pursue innovative ways of coping with climate change

    Steven Dorst

  • Walking the Talk

    Climate activists share candid advice for top COP officials

    Vanessa Nakate, Vladislav Kaim, Ernest Gibson

  • Asia’s Climate Emergency

    Fiscal policy can help address climate change in Asia, the region hit hardest by global warming

    Era Dabla-Norris, James Daniel, and Masahiro Nozaki

  • Climate Change and Monetary Policy

    Central banks must do their part in fighting global warming

    Isabel Schnabel

  • Investing in a Sustainable Future

    Private sector financing can play a pivotal role in amplifying the effects of government climate policies

    Valerie Smith

  • A Path to Zero

    Reaching net zero emissions is achievable with comprehensive policy action

    Christoph Bertram, Ottmar Edenhofer, and Gunnar Luderer

  • Powering Growth

    African countries are embracing renewables to accelerate energy access

    Benson Ireri and Rebekah Shirley

DEPARTMENTS

  • People in Economics

    Climate Economist

    Bob Simison profiles Berkeley’s Solomon Hsiang

  • In the Trenches

    No Higher Ground

    For Maldives Environment Minister Aminath Shauna, fighting climate change is an existential battle

  • Picture This

    Net Zero by 2050

    The IEA outlines a path to decarbonize the energy sector in three decades

  • Back to Basics

    What Is Mitigation vs Adaptation?

    The world faces a two-front battle to halt global warming and address the effects of climate change

    Adam Behsudi

  • Book Reviews

    Monetary Policy in Times of Crisis, Massimo Rostagno and others

    Tree Days at Camp David, Jeffrey E. Garten

    Cogs and Monsters, Diane Coyle

  • Currency Notes

    Cleaning Up Crypto

    Bitcoin’s carbon footprint is again making headlines

    Analisa R. Bala

Title Page

FINANCE & DEVELOPMENT

A Quarterly Publication of the International Monetary Fund

EDITOR-IN-CHIEF:

Gita Bhatt

MANAGING EDITOR:

Maureen Burke

DEPUTY MANAGING EDITOR:

Peter Walker

SENIOR EDITORS:

Analisa Bala Adam Behsudi

ASSISTANT EDITOR:

Andrew Stanley

DIGITAL EDITOR:

Rahim Kanani

ONLINE EDITOR:

Lijun Li

PRODUCTION MANAGER:

Melinda Weir

COPY EDITOR:

Lucy Morales

ADVISORS TO THE EDITOR:

Bernardin Akitoby

Celine Allard

Steven Barnett

Nicoletta Batini

Helge Berger

S. Pelin Berkman

Paul Cashin

Martin Čihák

Alfredo Cuevas

Era Dabla-Norris

Mame Astou Diouf

Rupa Duttagupta

Hamid Faruqee

Davide Furceri

Deniz Igan

Kenneth Kang

Subir Lall

Raphael Lam

Christian Mumssen

Papa N’Diaye

Mahvash Qureshi

Uma Ramakrishnan

Daria Zakharova

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English edition ISSN 0145–1707

FSC FPO

Finance and Development, September 2021
Author: International Monetary Fund