WASHINGTON, D.C.: The global downturn caused by the coronavirus pandemic offers an opportunity for governments to implement new policies that could simultaneously address climate change and boost the economy, the International Monetary Fund said on Wednesday.
The right mix of carbon taxes to dampen consumption, and subsidies to help consumers and boost green technology research could create jobs and soften the blow as countries transition to greener energy sources, the IMF said in its World Economic Outlook.
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