350.org, an international environmental organisation, has urged the World Bank and International Monetary Fund (IMF) to urgently initiate reforms to address world’s financial systems responsible for the worsening climate crisis.
Pascale Hunt, Senior global Communications Specialist, 350. org, made this advocacy in a statement made available to the News Agency of Nigeria (NAN) on Thursday in Abuja.
NAN reports that the core IMF/ World Bank Spring meetings, which started on Wednesday in Washington to discuss world economic outlook and financial systems among other things, ends on Friday.
Hunt stressed the need to fix the world’s financial flows that were responsible for climate breakdown and entrenching inequality.
She said the group had initiated a campaign tagged ‘Fix the Finance’ to hold governments and stakeholders to task on stopping finance for fossil fuels.
“A global week of Climate Justice Finance Mobilisations kicked off on April 16 until April 19 under the…
Source: News Agency of Nigeria
