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Western climate subsidies to hit emerging markets: IMF chief

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The head of the IMF warns that Western subsidies to combat climate change and encourage the transition to clean energy sources risk hitting developing and emerging markets. "My biggest concern is that something that in principle is very good to accelerate the transition to the green economy by using public money to step up private investment... may not serve well the emerging markets and the developing world," Kristalina Georgieva says at the World Economic Forum in Davos. SOUNDBITE

Added on the 20/01/2023 12:30:41 - Copyright : AFPTV - First images

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