FILE PHOTO: International Monetary Fund (IMF) Managing Director Kristalina Georgieva makes remarks at an opening news conference during the IMF and World Bank's 2019 Annual Fall Meetings of finance ministers and bank governors, in Washington, U.S., October 17, 2019. REUTERS/Mike Theiler/File Photo
WASHINGTON (Reuters) - The head of the International Monetary Fund on Thursday urged the Group of 20 major economies to adopt an international carbon price floor to help reach agreement on carbon pricing, which she said was essential to combating climate change.
Managing Director Kristalina Georgieva told a virtual two-day summit that climate change posed huge risks to economic development, but also offered "incredible opportunities for transformative investments and green jobs."
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