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Displaying 1 - 10 of 21
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Blog Post
Is IDA Equipped for Another Debt Shock?
Clemence Landers
and
Hannah Brown
November 29, 2023
At the start of the COVID pandemic, we examined how major deteriorations in low-income country (LIC) debt levels could influence the grant funding requirements for IDA, the World Bank’s low-income-country lending arm. IDA provides a mix of concessional credits (which need to be repaid) and grants (w...
Blog Post
Main Takeaways on Debt from the Annual Meetings
Masood Ahmed et al.
November 29, 2023
Sovereign debt issues for emerging markets and developing economies (EMDEs) were a predictable subject of many conversations at the World Bank and IMF Annual Meetings in Marrakech. Here are our main takeaways on the state of play and how to make progress to address urgent needs amidst slow-moving pr...
Blog Post
At a Minimum, Donors Should Protect the Health of 140 Million People in Six Countries
Victoria Fan et al.
November 15, 2023
Low-income and many emerging market economies face a challenging outlook for maintaining, let alone increasing, health and other social expenditures (as noted in these recent blogs here and here). This predicament is primarily attributed to these nations channeling a growing proportion of their reve...
Blog Post
The Resilience and Sustainability Facility’s Recent Programs Still Fall Short of its Ambitious Goals
Sanjeev Gupta
and
Hannah Brown
August 22, 2023
In an earlier paper (and blog) published in March, we assessed the initial five programs supported by the IMF’s the Resilience and Sustainability Trust (RST), a new financing vehicle designed to help countries address climate change and pandemic preparedness. Among our findings, four stood out. Firs...
Blog Post
What Can We Learn from JETPs in South Africa and Indonesia So Far?
Annika Seiler et al.
July 25, 2023
The principle of a “just transition” is anchored in the 2015 Paris Agreement. But only in recent years has this principle been fully recognized as an enabler and accelerator of coal power decarbonization efforts. A just transition integrates decarbonization efforts with measures to mitigate the dire...
CGD NOTES
Just Energy Transition Partnerships: Early Successes and Challenges in Indonesia and South Africa
Annika Seiler et al.
July 25, 2023
The principle of a “just transition” is anchored in the 2015 Paris Agreement. But only in recent years has the principle been fully recognized as an enabler and accelerator of power decarbonization efforts by integrating measures that aim to mitigate the direct, indirect, and induced adverse impacts...
POLICY PAPERS
The JETPs of South Africa and Indonesia: A Blueprint for the Move Away from Coal?
Annika Seiler et al.
July 25, 2023
While the Just Energy Transition Partnerships (JETPs) for South Africa and Indonesia appear to deliver a blueprint for the move away from coal, barriers, risks, and gaps call into question whether their targets can be delivered at the planned pace and scale.
Blog Post
Challenges in Scaling Up IMF Lending for Climate Change and Pandemics
Sanjeev Gupta
and
Hannah Brown
April 27, 2023
The IMF should be applauded for implementing the Resilience and Sustainability Facility (RSF). That said, it is highly improbable that extending RSF financing to an additional 44 countries will be feasible in the next one or two years as it would require a major change in the mindset of borrowing co...
POLICY PAPERS
IMF Lending Under the Resilience and Sustainability Trust: An Initial Assessment
Sanjeev Gupta
and
Hannah Brown
March 28, 2023
This paper provides an early assessment of five initial programs supported by the IMF’s new facility supported by the Resilience and Sustainability Trust to address two long-term challenges, climate change and pandemic preparedness. We find that its operations can be strengthened to better achieve t...
Blog Post
How Can the IMF’s New Lending Facility for Climate and Pandemic Preparedness Be Made More Effective?
Sanjeev Gupta
and
Hannah Brown
March 28, 2023
In April 2022, the IMF board approved the establishment of the Resilience and Sustainability Trust (RST) to provide financial support to countries addressing two key long-term structural challenges, climate change and pandemic preparedness. Almost a year late, the board has approved RST-supported pr...

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