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CGD NOTE
October 18, 2024
The IMF’s Resilience and Sustainability Facility (RSF) is now two years old. Demand for new RSF programs appears to be declining despite the significant climate finance needs in many lower- and middle-income countries. To enhance the RSF’s appeal, we propose three recalibrations to program design.
POLICY PAPER
September 04, 2024
The World Bank’s concessional lending arm, the International Development Association (IDA), provides significant assistance to small states for fostering long-term development and responding to climate change. Around half of all small states have access to IDA. While only 3 percent of IDA’s resource...
Blog Post
August 14, 2024
Substantial investments are needed in sub-Saharan Africa (SSA) to achieve the Sustainable Development Goals (SDGs) and address the climate crisis. Most of these resources will need to be mobilized domestically. We argue that prospects to boost domestic revenue in SSA countries are grim, and future t...
Blog Post
April 09, 2024
It's spring in DC, which means it's time once again for the IMF-World Bank Spring Meetings. Finance ministers, central bank governors, and other top officials from around the world gather to discuss the state of the world economy and the international financial architecture, and CGD's researchers ar...
CGD NOTE
March 15, 2024
The November guidance on RSF seems to have addressed some of the shortcomings observed in the initial RSF programs. However, as we highlight in this note, other deficiencies remain unresolved and require attention from the IMF’s Executive Board during the upcoming RSF review.
