About
The Task Force on Climate, Development and the International Financial Architecture is a consortium of experts from around the world utilizing rigorous, empirical research to advance a development-centered approach to climate change across the international financial architecture (IFA). The Task Force believes it is imperative that the global community support climate resilience and transitions to a low-carbon economy in a just manner. The mission of the Task Force is to advance a development-oriented climate policy in the international financial architecture through rigorous empirical research, policy engagement and strategic communications.
The Task Force launched on October 4, 2021 with two inaugural publications:
- A strategy report proposing a framework for the IMF to help facilitate just, green transitions for member countries.
- A policy brief presenting a structure for the IMF’s proposed Resilience and Sustainability Trust to help distribute the historic $650 billion in Special Drawing Rights for rebuilding the global economy.
Recognizing that a shift into the climate policy landscape will require significant reform to the IFA, the Task Force will produce a series of research products while engaging in critical policy dialogue to provide empirical, rigorous research that can inform this transition.
Member institutions:
- Intergovernmental Group of Twenty-Four (G24)
- Vulnerable Group of Twenty (V20) Ministers of Finance
- African Center for Economic Transformation (Ghana)
- African Economic Research Consortium (Kenya)
- Boston University Global Development Policy Center (USA)
- Centre for Policy Dialogue (Bangladesh)
- Centre for Social and Economic Progress (India)
- Financial Futures Center (Philippines)
- Macro & Green Finance Lab, National School of Development, Peking University (China)
- Wirtschaftsuniversität Wien (Austria)