whales: It is about whales and the part they play in the fight against climate change, according to The Guardian. Whales act like giant pumps, says Georgieva, noting that in its lifetime each of these mammals sequesters 33 tonnes of carbon dioxide from the atmosphere, while an average tree absorbs about 20kg a year. Surprisingly, this is not about any of the issues that have gripped the organisation in the past 75 years balance of payments crises or global recessions. Comments like this from the new managing director of the IMF have seen her getting some stick since she took over as managing director from Christine Lagarde at the start of October. Georgieva is unrepentant. With the world economy slowing and another financial crash looming, some who attended the IMF's annual meeting in October said in private that Georgieva was spending too much time on climate change and not enough on the institution's bread and butter maintaining financial stability and helping countries in economic trouble.
(news.financializer.com). As
reported in the news.
Tagged under whales, atmosphere topics.