World Bank IMF and Dev Agencies | |
World Bank IMF and Dev Agencies | |
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The International
Monetary Fund (IMF) today launched a new Climate Change
Indicators Dashboard-an international statistical initiative to
address the growing need for data in macroeconomic and financial policy analysis
to facilitate climate change mitigation and adaptation.
The Dashboard is a single platform that
brings together experimental climate change indicators that allows comparison
across countries. The indicators have been developed in cooperation with
international organizations and other agencies including the Organisation for
Economic Co-operation and Development (OECD), the World Bank Group (WBG), the
United Nations (UN), the European Commission, the European Statistical Office
(Eurostat), the Food and Agriculture Organization (FAO), the International
Energy Agency (IEA) and the National Oceanic and Atmospheric Administration
(NOAA).
The indicators presented are the result
of estimates from IMF staff and other publicly available data sources.
The selection and development of the
experimental indicators are driven by the IMF's need for member countries
surveillance, monitoring, policymaking, and research. The Dashboard covers
greenhouse gas emissions from economic activity, trade in environmental goods,
green finance, government policies, and physical and transition risks.
"To develop the right measures to tackle
climate change, governments need robust and comparable data. The new IMF
Dashboard will help fill data gaps, so policymakers can
undertake the macroeconomic and financial analysis that underpins effective
policies," IMF Managing Director Kristalina Georgieva said.
The indicators are grouped into 4
categories: Economic Activity and Climate; Cross-Border; Financial,
Physical and Transition Risks; and Government
Policy indicators. The four categories broadly reflect four
dimensions: production, consumption and final demand, financing, and government
policies. Additional indicators, country coverage and granularity are planned
to be added over time.
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