The International Monetary Fund (IMF) has expressed concerns over climate change. Christine Lagarde, Managing Director of the IMF, during a panel discussion at the Future Investment Initiative in Riyadh, Saudi Arabia, declared “As I’ve said before, if we don’t’ do anything about climate change now, in 50 years’ time we will be toasted, roasted and grilled.”

 

Furthermore, she mentioned that climate change and inequality are “two key issues” we are faced with, insisting “If we don’t address those two issues, we will be moving towards a dark 50 years from now.”

 

In the same panel, Amin Nasser, president of Saudi Aramco, added that “Alternatives, electric cars, and renewables, are definitely gaining market share, making a lot of progress and we are witnessing that.”

The gLAWcal Team

@
Consumer News and Business Channel (CNBC)