IMF tells rich nations that greater urgency needed on climate change

Fund's latest World Economic Outlook also cautions global economic recovery may stall because of poor wages growthThe International Monetary Fund has warned the world's richest nations to have a greater sense of urgency about climate change, a day after Tony Abbott delivered a bizarre speech in London claiming climate change was "probably doing good".The IMF's latest World Economic Outlook (WEO), released overnight, has dedicated an entire chapter to the impact of weather shocks and climate change on global economic activity. Continue reading...