Interim Review of The Resilience and Sustainability Trust and Review of Adequacy of Resources

June 24, 2024

Preview Citation

Format: Chicago

Interim Review of The Resilience and Sustainability Trust and Review of Adequacy of Resources, (USA: International Monetary Fund, 2024) accessed November 21, 2024

Summary

The Resilience and Sustainability Trust (RST) provides affordable longer-term financing to help eligible IMF members address longer-term structural challenges, thereby progressing toward strengthening their prospective balance of payments stability. This paper takes stock of the initial experience with the RST—focusing on progress and challenges so far—and proposes fine-tuning RST design with a view to strengthening implementation of the Trust’s objectives. The paper also provides an assessment of the adequacy of the Trust’s resources and finds that increased near-term fundraising will be needed to meet strong demand. The Trust’s reserves remain adequate in the baseline and under a range of risk scenarios.

Subject: Climate change, Climate finance, Climate policy, Environment, Natural disasters

Keywords: Climate change, Climate finance, Climate policy, Financing, Global, Natural disasters, Pandemics, Policy, Reform package, Resilience, RSF arrangement, RST design, RST financing, RST fundraising target, Sustainability

Publication Details

Pages:

72
Volume:

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DOI:

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Issue:

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Series:

Policy Paper No. 2024/031
Stock No:

PPEA2024031
ISBN:

9798400281297
ISSN:

2663-3493

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