Gourinchas said emerging market economies also faced a "quite serious" risk of disruptions causes by any further financial market volatility, or an escalation in Russia's war in Ukraine.
June's heatwave may be incomparable to others - with data compared as far back as the early 1950s.
Last week, the hottest days of the year record was broken three days in a row.
On Thursday, the European Union's Copernicus Climate Change Service said June was the hottest month ever, smashing the previous June record in 2019 by a substantial margin.
As envoys gathered in Bonn in early June to prepare for this year's annual climate talks in November, average global surface air temperatures were more than 1.5C above pre-industrial levels for days.
A recent study found that massive tsunamis from Antarctica hit South America, New Zealand and Southeast Asia during two previous periods of global warming.
A new green initiative at Partner is helping the company add more cars to its electric car fleet.
Global warming leading to drop in the number of nestlings among migrating birds, say Israeli experts.
The findings of this study directly contradicted previous predictions on how climate change will impact fish populations.
Climate scientists say the earth’s temperature has increased by an average of 0.74 degrees Celsius over the past 100 years, but warming across the Himalayas has been greater than the global averages.
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