Primer for Climate-related Engagement with the IMF

Scale
National
Resource Type
Guidance and Frameworks
Expertise Level
Practitioner
Specialist
Language
English
Developer or Source
Climate Policy Initiative (CPI)

This paper outlines recommendations to enable the IMF, national authorities, and development partners to leverage their distinct expertise to strengthen macroeconomic stability while addressing climate risks. While finance ministries will lead on Resilience and Sustainability Facility (RSF) implementation, they will require meaningful inputs from other institutions, including sectoral ministries and development partners.

This primer has three objectives:

  1. Identify the central mechanisms through which the RSF coordinates with key domestic and international actors.
  2. Assess how these mechanisms contribute to the RSF’s effectiveness in addressing climate-related challenges.
  3. Identify opportunities to improve these mechanisms to fully realize the RSF’s potential.

By providing guidance on improving these coordination mechanisms, this paper aims to empower recipient countries to leverage their engagement with the RSF to implement macroeconomic policy frameworks that are truly suited to addressing climate change.

This study focuses on a critical but often overlooked question: How can effective stakeholder coordination improve RSF implementation and impact?