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Blog Post
April 13, 2023
Debt suspension clauses (DSCs) are having their moment in the international policy arena spotlight. Also known as “pause clauses” or climate-resilient debt clauses, DSCs are mechanisms that allow a country to temporarily suspend debt repayments for a pre-agreed period (generally 1-2 years) if a nat...
Blog Post
March 28, 2023
In April 2022, the IMF board approved the establishment of the Resilience and Sustainability Trust (RST) to provide financial support to countries addressing two key long-term structural challenges, climate change and pandemic preparedness. Almost a year late, the board has approved RST-supported pr...
Blog Post
March 14, 2023
Climate financial intermediary funds (FIFs) represent one of the largest sources of multilateral grant and other concessional finance for climate, including for middle-income countries (MICs). Together, they have received more than $50 billion in cumulative grant funds from donors. They have collect...
Blog Post
January 26, 2023
With the abandonment of its Zero COVID policy, the Chinese economy is expected to rebound and contribute substantively to global economic growth in the latter part of 2023. This is projected to add to world demand for oil, more than offsetting falling demand from advanced countries whose economies a...
Blog Post
January 13, 2023
The new year has hardly begun, but fears of a looming recession persist. Pandemic-era increases in health spending are unlikely to continue in low- and middle-income countries. Growing fiscal pressures—such as high debt, increasing interest rates, and declining foreign aid and revenues—bode ominous...