Brazil is destroying an area of rainforest the size of Israel every four years despite major conservation progress, the OECD economic grouping said Wednesday.
A group of world leaders called Monday for countries around the world to put a price on carbon to strengthen the international fight against climate change.
The head of the African Development Bank says the continent is not getting enough of the billions of dollars in climate change funding, despite being the region that suffers most.
Finance ministers from 20 of the countries most vulnerable to climate change launched the "V20" group Thursday to marshal resources for their nations' fight against the impact of global warming.
The time is right for governments to introduce taxes on carbon emissions, which would help fight global warming and raise badly needed revenue, IMF chief Christine Lagarde said Wednesday.
The marathon effort to forge a world pact on climate change now hinges on what happens outside the UN arena in the coming months, analysts said after another faltering negotiation round.
The International Monetary Fund voiced alarm Monday about energy subsidies across the world, saying they were expected to reach $5.3 trillion in 2015, more than government health spending.
India's biggest outsourcing firm Tata Consultancy Services Thursday reported only a marginal rise in its earnings for the just-ended financial year citing volatile currency markets and a sluggish global economy.
In March 2013, Cyprus agreed to a €17 billion (£13.42 billion) international bailout by the International Monetary Fund (IMF), the European Central Bank (ECB) and the European Commission (EC).
An old proverb says, "Take what you want and pay for it." That's really the message of a new book, "Getting Energy Prices Right: From Principle to Practice," published in July by the International Monetary Fund (IMF). The ...