Fit-for-purpose? Reviewing Green Conditionality in the IMF Resilience and Sustainability Trust and the World Bank Development Policy Financing

  • Starts5:00 pm on Thursday, April 18, 2024
  • Ends6:30 pm on Thursday, April 18, 2024

The Resilience and Sustainability Trust (RST) at the International Monetary Fund (IMF) is a novel instrument meant to provide longer-term finance to address prospective balance of payment challenges arising from climate change. This new mechanism in the Fund’s lending toolkit also presents a key opportunity to scale up collaboration with the World Bank, which has more expertise on climate and development issues.

With the RST currently under an interim review at the Fund, this is a crucial moment to evaluate how the IMF, and World Bank through its development policy financing (DPF), are shaping conversations around climate change and domestic policies towards decarbonization and whether they are fit-for-purpose.

On Thursday, April 18, from 5:00 to 6:30 PM EDT, join us for an official Civil Society Policy Forum event at the 2024 International Monetary Fund/World Bank Group Spring Meetings on green conditionality and financing from the IMF and World Bank.

This event is cosponsored by Recourse, Eurodad, the Bretton Woods Project, Fundacion Ambiente y Recursos Naturales (FARN), Alternative Law Collective, Power Shift Africa, Christian Aid, ActionAid.

Speakers:

- Jon Sward, Environment Project Manager, Bretton Woods Project

- Alexandros Kentikelenis, Advisor, Recourse

- Fahmida Khatun, Executive Director, Centre for Policy Dialogue

- Stephane Hallegatte, Senior Climate Change Advisor, World Bank

- Iolanda Fresnillo (moderator), Policy and Advocacy Manager, Eurodad

Location:
Washington, D.C - IMF HQ2-03B-768B
Registration:
https://imf.zoom.us/j/92224135837?pwd=ZjJVc3k3TnZPeG56USt0WkdBdXBoQT09

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