Global Vice President & Chief Engineering Officer, HAYWARD HOLDINGS INC
Kevin P. Gallagher on Climate Surveillance and Resource Mobilization
The Task Force on Climate, Development and the International Monetary Fund is a consortium of experts from around the world ...
About Kevin Gallagher
Kevin Gallagher, Global Vice President and Chief Engineering Officer at Hayward Holdings, spoke in 2022 about climate risks and the role of the International Monetary Fund. He stated that physical climate risk and spillover transition risks are increasing and will continue to do so over the next decade. Gallagher said that in addition to helping countries identify, prevent, and mitigate these risks, the IMF should focus on assisting countries with the stepwise mobilization of resources to mitigate climate change, build resilient economies, and pursue green structural transformation to create new growth trajectories in a climate-constrained world.
Transcript (1 segments)
U
Unknown0:02
Physical climate risk and spillover transition risks are happening more and more and will be happening more and more over the next decade. So, in addition to helping countries identify those risks, try to prevent and mitigate them, the IMF will also really need to focus on helping countries make stepwise mobilization of resources to mitigate climate change, build resilient economies, and focus on green structural transformation to create new growth trajectories for a climate-constrained world.