New SFL publication shows the IMF and climate investments in developing countries

Annually, an extra USD one trillion is needed for investing in climate mitigation in developing countries. In their new paper ‘Leaving no country behind’, the Sustainable Finance Lab (SFL) explores a promising route to fill this investment gap: increasing cheap and long-term loans through the IMF’s Resilience and Sustainability Trust. This can be done by rechanneling special drawing rights that currently sit idle on the balance sheets of high-income countries’ central banks.

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