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Climate Goals and Debt: A Fiscal Balancing Act

IMF Podcasts

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The Role of Emerging Market Economy in Emissions

Big emitters like China, EU, India, and the US account for 60% of global emissions, set to increase to 70% by 2035. Current efforts to reduce emissions are insufficient, estimated to achieve only a 13% reduction. We need 25% to 50% reduction to meet the Paris Agreement goals.

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