"With the recent increase in financial market volatility, the fog around the world economic outlook has thickened," the IMF said as it and the World Bank launch spring meetings this week in Washington.
"Uncertainty is high and the balance of risks has shifted firmly to the downside so long as the financial sector remains unsettled," the Fund added.
The IMF is now forecasting global real GDP growth at 2.8% for 2023 and 3.0% for 2024, marking a sharp slowdown from 3.4% growth in 2022 due to tighter monetary policy.
The Intergovernmental Panel on Climate Change just released their synthesis report: the final piece of the Sixth Assessment Report. With the help of @ClimateAdam let’s take a look at what it actually says.
Further reading about climate science, the IPCC reports, and what it all means: https://climatescience2030.com/
A playlist full of IPCC videos:
• IPCC Sixth Assess...
This film has been supported by the European Climate Foundation. Responsibility for the information and views set out in this film lies with the author. The European Climate Foundation cannot be held responsible for any use which may be made of the information contained or expressed therein.