Public help and funding from governments of developed international locations alone will not be sufficient to shut the funding hole on local weather change initiatives in growing international locations, IMF chief Kristalina Georgieva informed CNBC.
Extra non-public investments are wanted to assist growing international locations to satisfy their local weather change targets, mentioned the managing director of the Worldwide Financial Fund.
“We’ll by no means shut it if we depend on the generosity of wealthy international locations, as a result of it’s too huge to be shut [sic] with…