Events
World Bank Group President Jim Kim and IMF Managing Director Christine Lagarde
The Economic Case for Climate Action: With Jim Yong Kim & Christine Lagarde
October 8, 2013

The leaders of the World Bank Group and International Monetary Fund discuss the economic case for climate action.

Without serious action, the world is on a trajectory toward being around 4 degrees centigrade warmer by the end of this century, which could put at risk decades of achievement in poverty reduction. At this flagship event, the heads of the World Bank and the IMF make the economic case for tackling climate change, and a panel will discuss how the two institutions are aligning their effotts to help countries put smart climate action into place.

Watch live: The event will be streamed live online at World Bank Live.

Speakers:
Jim Yong Kim
, President, World Bank Group
Christine Lagarde, Managing Director, International Monetary Fund

Panel:
Manuel Pulgar-Vidal, Environment Minister, Peru
Keith Akekelwa Mukata, Deputy Minister of Finance, Zambia
Richard Bon Moya, Under Secretary and CIO, Department of Budget and Management, the Philippines
Sunita Narain, Center for Science and the Environment (via video conference from New Delhi)
Rachel Kyte, Vice President for Sustainable Development, the World Bank
Michael Keen, Deputy Director, Fiscal Affairs Department, International Monetary Fund

Moderator:
Zanny Minton-Beddoes, Economics Editor, The Economist

  • The first in the World Bank-commissioned report series warns the world is on track to a “4°C world” marked by extreme heat-waves and life-threatening sea level rise. Adverse effects of global warming are “tilted against many of the world's poorest regions” and likely to undermine development efforts and goals.
  • The second in the Turn Down the Heat series looks at likely impacts of present day, 2°C, and 4°C warming across Sub-Saharan Africa, South Asia and South East Asia. It describes the risks to agriculture and livelihood security in Sub-Saharan Africa; the rise in sea-level, loss of coral reefs and devastation to coastal areas likely in South East Asia; and the fluctuating water resources in South Asia. The report warns that poor communities will be the most vulnerable to climate change.
  • Reducing short-lived climate pollutants, such as black carbon, methane, and hydrofluorocarbons, can provide immediate benefits for health and agriculture and fight climate change. This report identifies ways that the World Bank through its projects can further help reduce short-lived climate pollutants.
Oct. 8, 11 a.m. - 12:15 p.m. EDT
  • The Economic Case for Climate Action: A Discussion with World Bank Group President Jim Kim and IMF Managing Director Christine Lagarde