CLEAN : New IMF chief on risky corporate debt spending and addressing climate change

The video discusses the potential risks of an economic downturn, highlighting that corporate debt at risk of default could rise significantly. It emphasizes the importance of investing in infrastructure, human capital, and R&D to boost demand and growth potential. The video also stresses the need for global cooperation to address climate change, as it is a crisis affecting everyone. Finally, it notes that while the world economy is still growing, it is doing so too slowly, and complacency must be avoided to meet global aspirations.

What is emphasized as a collective responsibility in addressing climate change?

What is the current state of the world economy according to the text?