Finance and climate resilience
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Description
In future we’re going to have to cope with a more volatile climate, but how can we increase the resilience of the most vulnerable communities? An analysis of droughts in the US in the 1950s shows how the financial sector can help communities to adapt to large climate shocks – and what happens when credit is not available. Raghuram Rajan and Rodney Ramcharan talk to Tim Phillips.
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