1、2024 International Monetary FundSleepwalking to the Cliff Edge?A Wake-up Call for Global Climate Action IMF Staff Climate Notes 2024/006Simon Black,Ian Parry,and Karlygash Zhunussova*DISCLAIMER:The IMF Staff Notes Series aims to quickly disseminate succinct IMF analysis on critical economic issues t

2、o member countries and the broader policy community.The IMF Staff Climate Notes provide analysis related to the impact of climate change on macroeconomic and financial stability,including on mitigation,adaptation,and transition.The views expressed in IMF Staff Climate Notes are those of the author(s

3、),although they do not necessarily represent the views of the IMF,or its Executive Board,or its management.The terms country and“economy”do not in all cases refer to a territorial entity that is a state as understood by international law and practice.The terms also cover some territorial entities th

4、at are not states.The boundaries,colors,denominations,and any other information shown on the maps do not imply,on the part of the International Monetary Fund,any judgment on the legal status of any territory or any endorsement or acceptance of such boundaries.RECOMMENDED CITATION:Black,Simon,Ian Par

5、ry,and Karlygash Zhunussova.2024.“Sleepwalking to the Cliff Edge?A Wake-up Call for Global Climate Action.”IMF Staff Climate Note 2024/006,International Monetary Fund,Washington,DC.ISBN:979-8-40028-964-4(Paper)979-8-40028-989-7(ePub)979-8-40028-987-3(PDF)JEL Classification Numbers:Q31,Q35,Q38,Q48,H2

6、3Keywords:Paris Agreement;climate mitigation;carbon pricing;climate finance;climate investmentAuthors email addresses:sblackimf.orgiparryimf.orgkzhunussovaimf.org*This Note was prepared under the guidance of Dora Benedek.The authors are grateful to several IMF colleagues for veryhelpful comments and