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Why climate change is a ticking economic time bomb (and what we can do about it)

Climate change is already taking a financial toll on the planet, with extreme weather events costing the global economy $146 billion in 2019, according to insurer Swiss Re. However, economists warn the worst is yet to come. CNBC's Silvia Amaro spoke to IMF Managing Director Kristalina Georgieva about how governments and business can fight back.



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