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Yellen Urges G-20 Role on Green Policy to Avoid Disputes

  • French suggests a global floor on the cost of carbon emissions
  • Finance ministers due to debate next steps on climate change

U.S. Treasury Secretary Janet Yellen urged the world’s leading economies to coordinate policy on climate change to prevent disputes on policies that are “not well aligned” from spilling into other issues.

The Group of 20 “could provide a platform for economic policy makers to work together,” Yellen said Friday in a speech at the G-20’s meeting of finance ministers and central bank governors in Venice, Italy.