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Against the odds, a plucky little IMF engine—the  Resilience and Sustainability Trust, or RST—has won plaudits for its efforts to support countries formulating policies to tackle climate change.  It has taken up the challenge with only $30 billion as firepower, against the trillions needed from all ...

By incentivizing companies to capture and use currently wasted gas, countries can eliminate a threat to human health and food security, increase energy access, and help generate tens of billions of dollars per year for national economies.

Another spring and summer season of international meetings follows yet another dire warning on climate, with action again lagging pledges. We need a “spring cleaning” of global ambition to focus on practical goals that can be achieved this year. Each institution—multilateral and national, public and...

The IMF’s new Resilience and Sustainability Trust (RST) is now up and running, with the first countries receiving commitments of financial support. But if lending from the RST is to achieve its objectives, the IMF should take a radically different approach in applying conditions to the loans.

We focus on the implications of the new IMF RST’s financial structure for contributors and borrowers.

The IMF’s promising initiative to establish its Resilience and Sustainability Trust (RST)—a new way to lend to developing countries—is on track to be agreed and operational in 2022.