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Carbon tax to aid Philippine's green recovery

Carbon tax to aid Philippine’s green recovery
Louise Maureen Simeon
MANILA, Philippines Imposing a carbon tax in the Philippines will significantly help the country and the region address further risks of climate change and will aid in the long-term recovery from the pandemic.
During the second day of the 54th Annual Meeting of the Board of Governors of the Asian Development Bank, the International Monetary Fund (IMF) said raising the price of carbon can be an effective way of reducing carbon emissions.
Asia Pacific is both very exposed to climate risk and a major contributor to greenhouse gas emissions considering that the region is home to the majority of the world’s population and has been the main driver of global growth in decades. ....

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Being left behind: Framing the challenge right

Being left behind: Framing the challenge right
bworldonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bworldonline.com Daily Mail and Mail on Sunday newspapers.

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Covid-19 cases surge in India 'worrisome', threatens growth prospects: IMF

Covid-19 cases surge in India 'worrisome', threatens growth prospects: IMF
freepressjournal.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from freepressjournal.in Daily Mail and Mail on Sunday newspapers.

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IMF: Covid-19 surge in India ''worrisome'', threatens growth projection of 12.5% for this year

IMF: Covid-19 surge in India ''worrisome'', threatens growth projection of 12.5% for this year
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Covid surge in India 'worrisome', threatens growth prospects: IMF

Story highlights
For this strong international cooperation is needed to ensure adequate vaccine production and universal distribution at affordable prices, he said, praising India`s programmes.
The new wave of Covid-19 infections sweeping parts of India is worrisome and threatens the 12.5 per cent growth projection, an International Monetary Fund expert for the region said on Tuesday.
Jonathan Otry, the Deputy Director of the IMF`s Asia Pacific Department, said that the current surge in infections presents a worrisome downside risk revisions for India which has seen a more sizeable upward revision to 12 and a half per cent on account of continued normalisation of its economy and a more growth-friendly fiscal policy . ....

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