World Bank’s Kim Says ‘Climate-Smart’ Policies Boost Grow

Policies aimed at curbing climate change can boost economic growth, create jobs and save millions of lives, according to World Bank President Jim Yong Kim.

“Climate-smart” policies to reduce emissions of carbon dioxide in Brazil, China, India, Mexico, the U.S. and European Union would increase global gross domestic product by $1.8 trillion per year, Kim said today, referring to a World Bank study released in Washington.