With nearly $1 trillion USD in assets and influence over 190 countries, the International Monetary Fund (IMF) is a multilateral institution charged with maintaining global macroeconomic stability and growth—goals directly threatened by climate change. This powerful organization could be a linchpin in steering the international community toward a more sustainable economic future, but its current efforts are inadequate. Project Climate has developed a policy report, “International Monetary Fund Reform for Climate Resilience,” providing key recommendations for the IMF to strengthen climate and economic resilience on a global scale.
Read the report here.