IMF Warns Saint Lucia, Caribbean to Build Buffers for Mounting Climate Risk

Nov 18 (Reuters) – Saint Lucia’s economy will face intensifying risks of natural disasters linked to climate change, the International Monetary Fund (IMF) said on Friday, advising the Caribbean state to build buffers despite financial constraints. “Downside risks dominate,” it said in a statement, pointing to the pandemic, higher food and energy prices, costlier imports, […]

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