The IMF’s Turn to Lead on Climate

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Project Syndicate 31/05/2023

Project Syndicate


"(...) While the International Monetary Fund has made great strides on climate change in a short time, emerging markets and developing economies need resources to invest in resilience more urgently than ever. There are four ways the IMF can help them shift to a low-carbon pathway and finance adaptation measures before it’s too late. Emerging markets and developing economies (EMDEs) are feeling the financial squeeze. Two-thirds of low-income countries are already in or at high risk of debt distress, Russia’s war in Ukraine is compounding financial shocks with high food and energy prices, and the rising cost of capital is leaving governments with little, if any, fiscal space. (...)" 


Copyright Project Syndicate


The IMF’s Turn to Lead on Climate, 31/05/2023

Also appeared in Eco Business, Revista de Prensa,, The Asset