Climate change and policy responses to climate change pose significant risks to financial and fiscal stability, poverty and inequality and the long-run growth prospects of the world economy.
To that end, 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.
Latest Work
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Is Carbon Tax the Answer to Climate Change Investment Needs in Latin America and the Caribbean?
November 07, 2025Latin American and Caribbean countries are highly vulnerable to the effects of climate change due to their varied geography, dependence on economic sectors that will be adversely impacted by changes in hydrometeorological conditions and entrenched structural weaknesses. At the same... [ More ]
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Bangladesh’s Climate Risks and External Debt Tightrope: Safeguarding Sustainability Amid Transition
October 23, 2025By Fahmida Khatun, Syed Yusuf Saadat, Afrin Mahbub and Zazeeba Waziha Saleh Following the conclusion of the 2025 International Monetary Fund (IMF)/World Bank Group Annual Meetings in Washington, D.C., the fiscal constraints faced by least developed countries (LDCs) in meeting their... [ More ]
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Navigating Debt, Development And Disasters: Making Debt Sustainability Analyses Work for Bangladesh
October 16, 2025Bangladesh’s external debt servicing record has historically been stellar as a least developed country. The country has comfortably met its external debt servicing obligations, largely thanks to its strong export performance. However, Bangladesh has taken on a large volume... [ More ]
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Putting Development First: Climate Change and the International Financial Architecture
October 10, 2025There is a vanishing window to limit global warming to 1.5 degrees Celsius. Meeting this urgent challenge will require a tremendous mobilization of resources for a major investment push toward new economic growth paths that are low-carbon, socially inclusive and... [ More ]
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Journal of Globalization and Development Special Issue – Task Force on Climate, Development and the IMF Round-Up
September 22, 2025The biggest developmental challenge facing the world today is climate change and global warming. For keeping the world below the 1.5C threshold of global warming, it is necessary to end the rising emission before 2025. COP26 provided serious push towards... [ More ]