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According to @bankofengland a failure to price climate risks sufficiently could lead to significant financial losses, for example, “insurance losses from climate-related damage have increased fivefold since the 1980s, to around US$50 billion per year”.
According to @Aligarciaherrer, China's policy of "zero Covid dynamics" could have a greater impact on the global economy than the current war in Ukraine due to the drastic restrictions on mobility and production in the Asian country.
According to Olivier J. Blanchard and Jean Pisani-Ferry, the best way to finance the increase in public spending linked to the war in Ukraine and the rise in energy prices is through public debt and not taxes.
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