"Previous IMF interventions may have reduced a country’s ability to invest in transition. Now, the IMF’s response to, or management of, an economic crisis must also consider solutions that are not building the fragilities of the future.
[…] The IMF is facing a steep learning curve."
#E3G: https://www.e3g.org/news/navigating-a-coming-storm-the-imf-and-the-climate-transition/
#IMF #finance #energyTransition #transitioning #transition #promises #money #Georgieva
Navigating a coming storm: The IMF and the climate transition
Transitioning to a clean and resilient economy will require transforming the world’s economic system. Navigating this transition, coupled with the impact of climate disasters, will affect macro-financial stability and have global financial impacts. How international financial institutions evolve to support their members will be a crucial component of supporting the stability of a transitioning global […]