IMF

Event: Spring Meetings of the World Bank and IMF [viewed]

 

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G-20 Notes Progress on Fossil Fuel Subsidies [viewed]

23 October 2010: The G20 Finance Ministers and Central Bank Governors meeting in Gyeongju, Republic of Korea, on 23 October 2010, noted the progress made on rationalizing and phasing out inefficient fossil fuel subsidies.

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IMF-World Bank Development Committee Encourages Collaboration with UNFCCC [viewed]

9 October 2010: The Joint Ministerial Committee of the Boards of Governors of the World Bank and the International Monetary Fund (IMF) on the Transfer of Real Resources to developing Countries (or Development Committee) met on 9 October 2010, in Washington DC, US. The meeting concluded with the adoption of a Communiqué in which ministers recognize the World Bank's work in the area of climate change, including the Climate Investment Funds (CIF), and encourage further collaboration with the UNFCCC.

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World Bank Spring Meetings Increase Developing Country Voice [viewed]

The International Monetary Fund (IMF) and World Bank Group Spring Meetings, held in Washington DC from 24-25 April 2010, increased voting power in the International Bank for Reconstruction and Development (IBRD) for developing and transition countries by 3.13%, bringing it to a total of 47.19%, and also agreed to continue working towards equitable voting power while protecting the voting power of the smallest poor countries.

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OECD, WTO, ILO, IMF and World Bank Heads Identify Fields for Action [viewed]

28 April 2010: German Chancellor Angela Merkel organized a meeting with the OECD Secretary-General, WTO Director-General, ILO Director-General, IMF Managing Director and World Bank President. The joint press release from the event identifies several fields for action, including green growth and climate change.

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Multilateral Banks Discuss Climate Finance [viewed]

9 April 2010: Heads of Multilateral Development Banks (MDBs) and the International Monetary Fund (IMF) met on 9 April 2010, at European Investment Bank (EIB) headquarters in Luxembourg, to discuss plans to support a sustainable global recovery and climate finance. Participants at the meeting noted that the Copenhagen Accord offers an opportunity to take action to finance measures to combat climate change.

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ECOSOC Holds Special High-Level Meeting [viewed]

19 March 2010: A Special high-level meeting of UN Economic and Social Council (ECOSOC) with the Bretton Woods institutions, the World Trade Organization (WTO) and the UN Conference on Trade and Development (UNCTAD), took place on 18-19 March 2010, in New York, US, under the theme “Building on Monterrey and Doha: towards achieving the internationally agreed development goals, including the Millennium Development Goals.” During the meeting, participants highlighted climate change as a pressing challenge for international financial institutions.

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IMF Chief Proposes Green Fund to Address Climate-Related Shocks in Africa [viewed]

8 March 2010: Dominique Strauss-Kahn, Managing Director of the International Monetary Fund (IMF), took part in a panel discussion at the Kenya International Conference Center in Nairobi, and addressed the twin challenges facing Africa: to revive strong growth and reinforce resilience to shocks, including those related to climate change.

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IMF Managing Director Proposes Insurance for Low Income Countries Against Effects of Climate Change [viewed]

26 February 2010: Speaking at the Annual Meeting of the Bretton Woods Committee, held in Washington DC, US, on 26 February 2010, Dominique Strauss-Kahn, Managing Director of the International Monetary Fund (IMF), proposed to expand the IMF's role as a provider of insurance for low-income countries against global volatility and the effects of climate change.

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World Economic Forum Addresses Multiple Facets of Climate Change [viewed]

31 January 2010: Climate change was the topic of several of the events held at the World Economic Forum Annual Meeting, which took place in Davos-Klosters, Switzerland, from 27-31 January 2010.

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