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Launching the RST: Country Policies Must Adapt—and So Too Must IMF Conditionality

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.
Costa Rica Financial Sector Assessment Program Sustainability Trust Sustainability Assessment Program World Bank Sustainability Facility
Source: cgdev.org

For a sustainable, inclusive, and resilient year in Latin America and the Caribbean

Latin America and the Caribbean is facing a major challenge in 2023: how to promote sustainable, inclusive, and resilient growth that can be maintained over time in a complex context of both the war in Ukraine and the persistence of COVID-19 infections.
United States Costa Rica Development Reports Ccdrs For Argentina World Bank World Bank Forest Carbon Partnership Facility Latin America

The quest to fill the infrastructure financing gap for people and planet

The key to bridge the gap between infrastructure and climate is optimizing scarce public spending in order to generate more private sector participation. There are a number of ways to do this that bring the best of both worlds during this ripe environment for progress.
Al Aqabah Nur Navoi World Bank Group World Bank World Bank Country Climate Aqaba Special Economic Zone

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Eyes in the sky: tracking methane through satellites to facilitate emissions reduction for climate mitigation

Reducing greenhouse gases (GHGs) is urgently needed to mitigate climate change. The Intergovernmental Panel on Climate Change (IPCC) has highlighted the need for steep emissions reductions to keep global warming below 1.5° C.
France General Intergovernmental Panel On Climate Change World Meteorological Organization European Space Agency World Bank Intergovernmental Panel

R9bn Komati repurposing project 'will need to be replic...

Axel van Trotsenburg, managing director of operations at the World Bank, said that while the Komati Power Station repowering and repurposing project is a step in the right direction towards a just energy transition, it’s one that will need to be replicated extensively and rapidly in South Afric...
Kwazulu Natal South Africa Sharm El Sheikh Janub Sina Eastern Cape Van Trotsenburg

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