IMF

Event: 2010 Annual Meetings of the International Monetary Fund and the World Bank Group [viewed]

The Annual Meetings of the International Monetary Fund (IMF) and World Bank Group provide an opportunity for discussion of the work of these organizations on sustainable development. More information will be posted once available. It will include a session on "Green Growth and Development: Opportunities, Challenges, Experiences."  

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IMF Managing Director Highlights Challenges of Climate Change and Potential for Green Growth in Asia [viewed]

20 January 2010: Addressing the Asian Financial Forum taking place in Hong Kong, China, from 20-21 January 2010, the Managing Director of the International Monetary Fund (IMF), Dominique Strauss-Kahn, highlighted the challenges of transforming the global economy and the "immense importance to the long-term welfare of us all" of tackling climate change.

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Multilateral Development Banks, IMF Call for Comprehensive Global Climate Change Regime [viewed]

2 December 2009: The Heads of the Multilateral Development Banks and the International Monetary Fund (IMF) appealed in a joint statement to the parties to the UNFCCC to agree in Copenhagen on the foundations for an ambitious, comprehensive and equitable global climate change regime that enables all countries to achieve sustainable development along climate-resilient and low greenhouse gas emission-intensive paths.

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World Bank/IMF Spring Meeting Highlights Role of Low Carbon Investments in Crisis Recovery [viewed]

© IMF27 April 2009: The Joint World Bank Group (WBG) and International Monetary Fund (IMF) Development Committee met on 26 April in Washington, DC, US, and highlighted that “hard earned progress towards the Millennium Development Goals (MDGs) is now in jeopardy.”

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German Chancellor, OECD, WTO, ILO, IMF and World Bank Issue Joint Statement on the Global Economic Situation: Climate Change to Remain a Top Priority [viewed]

Joint statement by German Chancellor Angela Merkel and the heads of five international organizations, including the OECD, ILO, IMF, WTO and the World Bank

5 February 2009: After a meeting held on 5 February 2009, in Berlin, Germany,  German Chancellor Angela Merkel and the Heads of the Organisation for Economic Co-operation and Development (OECD), the World Trade Organization (WTO), the International Labour Organization (ILO), the International Monetary Fund (IMF) and the World Bank issued a joint statement on the global economic situation, in which they stress the need for the worldwide fight against climate change to remain “a top priority.”

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World Bank Group President Addresses Climate Change Challenges at IMF and World Bank Annual Meetings [viewed]

Robert Zoellick, President of the World Bank Group 13 October 2008: The annual meetings of the Boards of

Governors of the International Monetary Fund (IMF) and World Bank took place on

13 October 2008, in Washington DC, US. Finance ministers from developing and

industrialized nations attended the event, which was preceded by a meeting of

the International Monetary and Financial Committee and the Development

Committee. Robert Zoellick, President of the World Bank Group, addressed the

meeting, noting the effects of the current financial crisis on energy and climate

change.

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IMF and World Bank Annual Meetings Address World Economic Crisis, Support Efforts to Tackle Climate Change [viewed]

69imfc_am_08_large 13 October 2008: The annual meetings of the Boards of

Governors of the International Monetary Fund (IMF) and World Bank took place on

11-13 October 2008, in Washington DC, US. Finance ministers from developing and

industrialized nations attended the event, which was preceded by a meeting of

the International Monetary and Financial Committee (IMFC) and the Development

Committee. The IMFC and seminars during the week addressed the responses to the

current economic crisis, as well as the challenges posed by higher food and

fuel prices.

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IMF Deputy Managing Director: Climate Change Poses Serious Macroeconomic Challenges for Low-Income Countries [viewed]

Takatoshi_kato29 May 2008: Climate change poses “particularly serious macroeconomic, fiscal, and financial challenges for low-income countries,” said Takatoshi Kato, Deputy Managing Director of the International Monetary Fund (IMF) at the Fourth Tokyo International Conference on African Development (TICAD IV), which convened in Yokohama, Japan, from 28-30 May 2008.

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IMF Considers Fiscal Implications of Climate Change [viewed]

The International Monetary Fund (IMF) Executive Board held a seminar on the fiscal implications of climate change, on 24 March 2008. The IMF Directors highlighted that the IMF has a distinctive and valuable contribution to make to the task of understanding and dealing with the fiscal challenges from climate change, but cautioned that the Fund's work on climate change should be budget-neutral and limited to its core competencies. With respect to the Fund's country work, the Directors noted that climate change concerns tend to reinforce established Fund advice on fiscal management, for instance in relation to energy subsidies. It was suggested that the Fund's work in this area should be mainly demand-driven, pay special attention to countries where the impact of climate change on external stability is evident and significant, and facilitate the exchange of views on country-experiences.

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