Without
giving any further details about deaths due to pollution in India , Lagarde
noted that environmental problems don't just end with climate change. The IMF
Managing Director said she believes the world is facing economic, environmental
and social crises.
The
remarks are part of a prepared speech to be delivered at the Centre for Global
Development on the topic 'Back to Rio - the
Road to a Sustainable Economic Future'.
"Environmental
problems, of course, do not end with climate change. In India , for
example, pollution from coal generation plants causes about 70,000 premature
deaths a year," she said.
Wondering
"what should we do", Lagarde said the International Monetary Fund is
not an environmental organisation.
"But
we cannot ignore the extensive human suffering and the misallocation of
resources that leads us down the wrong path," Lagarde said.
According
to her, the global economy is still rocked by turmoil, with uncertain prospects
for growth and jobs.
"The
planet is warming rapidly, with unknown and possibly dire consequences down the
line. Across too many societies, the gap between the haves and have-nots is
getting wider and strains are getting fiercer," she said.
Stressing
that climate change is clearly one of the great challenges of our time; Lagarde
said it is a present reality for the world's poorest and most vulnerable
people.
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