IMF Sounds Climate Change Warning

The world will be in deep trouble if it fails to tackle climate change, IMF Managing Director Christine Lagarde has warned. “If we don’t address these issues ... we will be moving to a dark future” in 50 years, she told a major economic conference in the Saudi capital Riyadh on Tuesday, the Guardian reported. Lagarde said “we will be toasted, roasted and grilled” if the world fails to take “critical decisions” on climate change. In 2015, around 195 nations signed the Paris climate agreement that set out goals to reduce greenhouse gas emissions, so as to prevent temperatures rising by more than two degrees in around 50 years. But US President Donald Trump announced in June the start of a three-year process to pull out of the pact, arguing that it would put the US at an economic disadvantage. His move faced fierce criticism from world leaders and activists, with former UN secretary-general, Ban Ki-moon, accusing Trump of “standing on the wrong side of history”.