Past
The IMF’s Resilience and Sustainability Trust: Can an IMF-Managed SDRs Trust Deliver Inclusive and Sustainable Recoveries?
- 10:00 am – 11:30 am EDT
- - Online
Past
Special Drawing Rights (SDRs) have the potential to become a key mechanism for financing a just transition to climate-resilient economies and supporting the COVID-19 recovery. Following its historic allocation of $650 billion in SDRs, the IMF has proposed a Resilience and Sustainability Trust to facilitate the rechanneling of these resources to vulnerable countries. This panel will explore the Fund’s proposal, contrasting it with principles for fair SDR rechanneling set out in the CSO letter to the G20 in September 2021. The session will assess the value of SDRs, including through potential future allocations, in contributing to financing climate action and pandemic preparedness via meeting ambitious, nationally determined goals.
Livestream here.
Dennos Museum Center Milliken Auditorium, Traverse City, MI