
04/08/2025
The Expert View: Simon Black, IMF climate economist.
“Climate change is what we call a ‘macro-critical’ problem; that is, addressing it is critical to the health of the global economy. If we don’t sufficiently limit the rise in global temperatures while adapting to the warming that’s already locked in, economies around the world will suffer in myriad ways. For example, our research shows that a single drought can lower an African country’s medium-term economic growth potential by 1 percentage point.”
Simon Black is an economist at the International Monetary Fund (IMF) where he advises governments on policies to reduce greenhouse gas emissions.