IMF Archives https://www.climatechangenews.com/tag/imf/ Climate change news, analysis, commentary, video and podcasts focused on developments in global climate politics Tue, 14 Apr 2026 10:04:57 +0000 en-GB hourly 1 https://www.climatechangenews.com/wp-content/files/2025/02/cropped-site-icon-120x120.png IMF Archives https://www.climatechangenews.com/tag/imf/ 32 32 Broken debt system must be fixed to confront future climate shocks https://www.climatechangenews.com/2026/04/14/broken-debt-system-must-be-fixed-to-confront-future-climate-shocks/ https://www.climatechangenews.com/2026/04/14/broken-debt-system-must-be-fixed-to-confront-future-climate-shocks/#respond Tue, 14 Apr 2026 10:04:55 +0000 https://www.climatechangenews.com/?p=84719 New UN-supported forum should challenge a global system that leaves many Global South nations with zero fiscal breathing space to navigate climate disasters and economic crises

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The post Broken debt system must be fixed to confront future climate shocks appeared first on Climate Home News.

]]> https://www.climatechangenews.com/2026/04/14/broken-debt-system-must-be-fixed-to-confront-future-climate-shocks/feed/ 0 Climate shocks and volatile currencies hike debt burden for poor countries https://www.climatechangenews.com/2025/04/25/climate-shocks-and-volatile-currencies-hike-debt-burden-for-poor-countries/ https://www.climatechangenews.com/2025/04/25/climate-shocks-and-volatile-currencies-hike-debt-burden-for-poor-countries/#respond Fri, 25 Apr 2025 16:14:20 +0000 https://www.climatechangenews.com/?p=70270 Least-developed countries and island nations are struggling with crippling debt levels made worse by global currency fluctuations and climate disasters hitting their economies

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]]> .mepr-paywall-overlay { position: fixed; top: 0; left: 0; width: 100%; height: 100%; background-color: rgba(0, 0, 0, 0.7); align-items: center; justify-content: center; z-index: 9999; overflow-y: auto; } .mepr-paywall-container { box-sizing: border-box; width: 100%; height: auto; background-color: #fff; border-radius: 2px; padding: 20px 15em 3em; box-shadow: 0 0 20px rgba(0, 0, 0, 0.2); position: absolute; top: 50%; min-height: 50vh; transition: all 0.3s ease-out; } .mepr-paywall-container.active { transition: all 0.3s ease-out; top: 20%; min-height: 80vh; } body:has(.mepr-paywall-overlay) { overflow: hidden; } @media (max-width: 767px) { .mepr-paywall-container { padding-left: 40px; padding-right: 40px; } }

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]]> https://www.climatechangenews.com/2025/04/25/climate-shocks-and-volatile-currencies-hike-debt-burden-for-poor-countries/feed/ 0 As Trump upends aid and markets, who will pay for green development in Global South? https://www.climatechangenews.com/2025/04/16/as-trump-upends-aid-and-markets-who-will-pay-for-green-development-in-global-south/ https://www.climatechangenews.com/2025/04/16/as-trump-upends-aid-and-markets-who-will-pay-for-green-development-in-global-south/#respond Wed, 16 Apr 2025 18:19:16 +0000 https://www.climatechangenews.com/?p=69970 Ahead of key donor meetings, experts say a combination of debt relief, private investment and innovative sources of finance could help fill the gap  

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]]> https://www.climatechangenews.com/2025/04/16/as-trump-upends-aid-and-markets-who-will-pay-for-green-development-in-global-south/feed/ 0 How to fix the finance flows that are pushing our planet to the brink https://www.climatechangenews.com/2024/05/01/how-to-fix-the-finance-flows-that-are-pushing-our-planet-to-the-brink/ Wed, 01 May 2024 10:39:32 +0000 https://www.climatechangenews.com/?p=50879 Commercial banks are financing a huge amount of fossil-fuel and industrial agriculture activities in the Global South - they must turn off the tap

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]]> Global billionaires tax to fight climate change, hunger rises up political agenda https://www.climatechangenews.com/2024/04/19/global-billionaires-tax-to-fight-climate-change-and-hunger-rises-up-political-agenda/ Fri, 19 Apr 2024 14:47:30 +0000 https://www.climatechangenews.com/?p=50702 Brazil and France want the G20 to get behind a global minimum tax on billionaires' wealth, also backed by IMF chief

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]]> Fossil fuel debts are illegitimate and must be cancelled  https://www.climatechangenews.com/2024/04/16/fossil-fuel-debts-are-illegitimate-and-must-be-cancelled/ Tue, 16 Apr 2024 13:37:56 +0000 https://www.climatechangenews.com/?p=50670 The Spring Meetings of the World Bank and IMF are a chance to transform outstanding debts for fossil fuel projects into grants for renewable energy systems

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]]> Spring Meetings can jump-start financial reform for food and climate  https://www.climatechangenews.com/2024/04/10/spring-meetings-can-jump-start-financial-reform-for-food-and-climate/ Wed, 10 Apr 2024 14:03:17 +0000 https://www.climatechangenews.com/?p=50556 The World Bank and IMF have a big part to play in raising the $3 trillion needed to help countries meet global development goals and the Paris accord

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]]> Zambia’s fossil-fuel subsidy cuts help climate and kids – but taxi drivers suffer https://www.climatechangenews.com/2024/04/02/zambias-fossil-fuel-subsidy-cuts-help-climate-and-kids-but-taxi-drivers-suffer/ Tue, 02 Apr 2024 15:33:37 +0000 https://www.climatechangenews.com/?p=50348 Under pressure from the IMF, the government has redirected subsidies into education, welfare and debt reduction, leaving fuel-heavy sectors with higher costs

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]]> World Bank steering committee and US urge for reforms on climate lending https://www.climatechangenews.com/2023/04/13/world-bank-steering-committee-us-urge-climate-finance-reform/ Thu, 13 Apr 2023 03:36:48 +0000 https://climatechangenews.com/?p=48389 At the World Bank's spring meeting, US Treasury Secretary Janet Yellen called for the adoption of a reform that would free up funds for climate lending.

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]]> IMF approves first batch of climate resilience loans https://www.climatechangenews.com/2023/03/15/imf-approves-first-batch-of-climate-resilience-loans/ Wed, 15 Mar 2023 17:18:07 +0000 https://climatechangenews.com/?p=48212 Five countries had loan packages approved under the IMF’s first sustainability fund, but concerns remain about whether it will boost resilience for the most vulnerable nations 

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]]> IMF warns against ‘protectionism’ in rich world’s green subsidies https://www.climatechangenews.com/2023/03/01/imf-warns-against-protectionism-in-rich-worlds-green-subsidies/ Wed, 01 Mar 2023 17:21:42 +0000 https://www.climatechangenews.com/?p=48120 The US will subsidise North American-made electric vehicles, sparking responses from other rich countries - but there are concerns on the effects on the developing world.

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]]> Mia Mottley builds global coalition to make financial system fit for climate action https://www.climatechangenews.com/2022/09/23/mia-mottley-builds-global-coalition-to-make-financial-system-fit-for-climate-action/ Fri, 23 Sep 2022 14:31:43 +0000 https://www.climatechangenews.com/?p=47224 In July, Barbados' prime minister invited leaders to a retreat to discuss plans to scale-up international finance for the climate frontlines. Now, she's asking the world for support

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]]> UN, IMF disagree on who should foot the bill of the energy crisis https://www.climatechangenews.com/2022/08/04/un-imf-disagree-on-who-should-foot-the-bill-of-the-energy-crisis/ Thu, 04 Aug 2022 16:08:18 +0000 https://www.climatechangenews.com/?p=46929 António Guterres is backing windfall taxes on "immoral" oil and gas profits, while the IMF argues costs should be passed to consumers

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]]> IMF’s resilience fund ‘out of reach’ for some nations in need https://www.climatechangenews.com/2022/04/27/imfs-resilience-fund-out-of-reach-for-some-nations-in-need-analysts-warn/ Wed, 27 Apr 2022 14:56:39 +0000 https://www.climatechangenews.com/?p=46319 The Resilience and Sustainability Trust aims to help countries prepare for climate shocks. Bangladesh, Zimbabwe and the Philippines are among those unlikely to qualify

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]]> ‘Breakthrough’: IMF develops fund to help debt-laden nations address climate risks https://www.climatechangenews.com/2021/10/18/breakthrough-imf-develops-fund-help-debt-laden-nations-address-climate-risks/ Mon, 18 Oct 2021 14:44:40 +0000 https://www.climatechangenews.com/?p=45066 The IMF trust fund could be worth up to $50 billion and meet vulnerable countries' call for support to address the triple crisis of debt, Covid and climate change

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]]> Climate vulnerability should be factored into debt relief, says IMF head https://www.climatechangenews.com/2021/04/08/climate-vulnerability-factored-debt-relief-says-imf-head/ Thu, 08 Apr 2021 12:44:38 +0000 https://www.climatechangenews.com/?p=43782 Kristalina Georgieva said the IMF was considering proposals to ensure climate vulnerable middle-income nations receive support to build back better from Covid-19

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]]> Campaigners confront IMF chief over green recovery contradictions https://www.climatechangenews.com/2020/10/13/campaigners-confront-imf-chief-green-recovery-contradictions/ Tue, 13 Oct 2020 10:37:02 +0000 https://www.climatechangenews.com/?p=42645 Analysis shows IMF advice to countries accessing Covid-19 emergency funds fails to systematically address climate risks and implicitly endorses fossil fuel subsidies

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]]> IMF endorses EU plan to put a carbon price on imports https://www.climatechangenews.com/2020/09/17/imf-endorses-eu-plan-put-carbon-price-imports/ Thu, 17 Sep 2020 15:33:09 +0000 https://www.climatechangenews.com/?p=42477 If major emitters do not agree to a minimum carbon price, IMF chief Kristalina Georgieva said the EU was right to impose tariffs on imports at the border

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]]> World Bank, Bank of England urge speed on climate https://www.climatechangenews.com/2016/04/15/world-bank-bank-of-england-urge-speed-on-climate/ https://www.climatechangenews.com/2016/04/15/world-bank-bank-of-england-urge-speed-on-climate/#respond Fri, 15 Apr 2016 09:49:12 +0000 http://www.climatechangenews.com/?p=29678 Mark Carney and Jim Kim warn window of opportunity to reduce emissions is closing, call for greater transparency on climate risk from big business

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]]> https://www.climatechangenews.com/2016/04/15/world-bank-bank-of-england-urge-speed-on-climate/feed/ 0 IMF: Oil price crash delays clean energy transition https://www.climatechangenews.com/2016/04/13/imf-oil-price-crash-delays-clean-energy-transition/ https://www.climatechangenews.com/2016/04/13/imf-oil-price-crash-delays-clean-energy-transition/#respond Wed, 13 Apr 2016 10:59:51 +0000 http://www.climatechangenews.com/?p=29624 NEWS: Cheap fossil fuels could thwart development of renewables, says global lender in economic outlook

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]]> https://www.climatechangenews.com/2016/04/13/imf-oil-price-crash-delays-clean-energy-transition/feed/ 0 IMF calls for carbon levy on ships and planes https://www.climatechangenews.com/2016/01/12/imf-carbon-tax-on-aviation-and-shipping/ https://www.climatechangenews.com/2016/01/12/imf-carbon-tax-on-aviation-and-shipping/#comments Tue, 12 Jan 2016 16:06:44 +0000 http://www.climatechangenews.com/?p=28095 NEWS: Influential financial body estimates US$30 a tonne tax on emissions from international transport could have raised $25 billion in 2014

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]]> https://www.climatechangenews.com/2016/01/12/imf-carbon-tax-on-aviation-and-shipping/feed/ 3 IMF to factor climate risk into world economic forecasts https://www.climatechangenews.com/2015/10/27/imf-to-factor-climate-risk-into-world-economic-forecasts/ https://www.climatechangenews.com/2015/10/27/imf-to-factor-climate-risk-into-world-economic-forecasts/#respond Tue, 27 Oct 2015 17:36:23 +0000 http://www.climatechangenews.com/?p=25084 NEWS: Influential finance body is mainstreaming climate concerns in move that could spotlight threats to oil exporters, say experts

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]]> https://www.climatechangenews.com/2015/10/27/imf-to-factor-climate-risk-into-world-economic-forecasts/feed/ 0 Germany, Ethiopia, Mexico leaders back carbon pricing https://www.climatechangenews.com/2015/10/19/germany-ethiopia-mexico-leaders-back-carbon-pricing/ https://www.climatechangenews.com/2015/10/19/germany-ethiopia-mexico-leaders-back-carbon-pricing/#respond Mon, 19 Oct 2015 19:00:15 +0000 http://www.climatechangenews.com/?p=24940 NEWS: Six heads of state are endorsing a World Bank campaign to make polluters pay, while Paris climate text ignores the subject

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]]> https://www.climatechangenews.com/2015/10/19/germany-ethiopia-mexico-leaders-back-carbon-pricing/feed/ 0 Climate vulnerable states despair of rich, launch finance plan https://www.climatechangenews.com/2015/10/09/climate-vulnerable-states-despair-of-rich-launch-finance-plan/ https://www.climatechangenews.com/2015/10/09/climate-vulnerable-states-despair-of-rich-launch-finance-plan/#respond Fri, 09 Oct 2015 09:29:23 +0000 http://www.climatechangenews.com/?p=24759 NEWS: V20 coalition launched in Lima this week says it will raise funds for climate adaptation projects and develop a collective insurance scheme

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]]> https://www.climatechangenews.com/2015/10/09/climate-vulnerable-states-despair-of-rich-launch-finance-plan/feed/ 0 IMF chief seeks climate breakthrough at Lima meet https://www.climatechangenews.com/2015/10/08/imf-chief-seeks-climate-breakthrough-at-lima-meet/ https://www.climatechangenews.com/2015/10/08/imf-chief-seeks-climate-breakthrough-at-lima-meet/#comments Thu, 08 Oct 2015 13:28:10 +0000 http://www.climatechangenews.com/?p=24739 ANALYSIS: Christine Lagarde calls on governments to back carbon pricing, slash fossil fuel subsidies as finance leaders gather in Peru

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]]> https://www.climatechangenews.com/2015/10/08/imf-chief-seeks-climate-breakthrough-at-lima-meet/feed/ 1 IMF: Saudi Arabia should rely less on oil https://www.climatechangenews.com/2015/08/18/imf-saudi-arabia-should-rely-less-on-oil/ https://www.climatechangenews.com/2015/08/18/imf-saudi-arabia-should-rely-less-on-oil/#respond Tue, 18 Aug 2015 10:49:03 +0000 http://www.rtcc.org/?p=23875 NEWS: Fossil fuel giant must continue efforts to diversify economy away from oil, gas, International Monetary Fund says

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]]> https://www.climatechangenews.com/2015/08/18/imf-saudi-arabia-should-rely-less-on-oil/feed/ 0 China, Qatar and Ukraine top IMF fossil fuel subsidy leagues https://www.climatechangenews.com/2015/08/04/china-qatar-and-ukraine-top-imf-fossil-fuel-subsidy-league/ https://www.climatechangenews.com/2015/08/04/china-qatar-and-ukraine-top-imf-fossil-fuel-subsidy-league/#respond Tue, 04 Aug 2015 15:40:18 +0000 http://www.rtcc.org/?p=23687 NEWS: New figures show how widespread support for oil, gas and coal sector is, highlighting climate and health risks linked to pollution

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]]> https://www.climatechangenews.com/2015/08/04/china-qatar-and-ukraine-top-imf-fossil-fuel-subsidy-league/feed/ 0 IMF: Hike fossil fuel taxes and reap benefits now https://www.climatechangenews.com/2014/07/31/imf-hike-fossil-fuel-taxes-and-reap-benefits-now/ https://www.climatechangenews.com/2014/07/31/imf-hike-fossil-fuel-taxes-and-reap-benefits-now/#comments Thu, 31 Jul 2014 17:27:30 +0000 http://www.rtcc.org/?p=17876 NEWS: National governments should not wait for a global climate deal to address underpricing of fossil fuels, says leading financial body

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]]> https://www.climatechangenews.com/2014/07/31/imf-hike-fossil-fuel-taxes-and-reap-benefits-now/feed/ 7 IMF chief Lagarde warns of “merciless” climate change https://www.climatechangenews.com/2014/02/05/imf-chief-lagarde-warns-of-merciless-climate-change/ https://www.climatechangenews.com/2014/02/05/imf-chief-lagarde-warns-of-merciless-climate-change/#respond Wed, 05 Feb 2014 11:45:52 +0000 http://www.rtcc.org/?p=15422 Speaking in London, Christine Lagarde says UN emissions deal and fossil fuel subsidies cut are now global priorities

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]]> https://www.climatechangenews.com/2014/02/05/imf-chief-lagarde-warns-of-merciless-climate-change/feed/ 0 Analysis: world’s finance chiefs are taking aim at fossil fuels https://www.climatechangenews.com/2013/10/11/analysis-worlds-finance-chiefs-are-taking-aim-at-fossil-fuels/ https://www.climatechangenews.com/2013/10/11/analysis-worlds-finance-chiefs-are-taking-aim-at-fossil-fuels/#respond Fri, 11 Oct 2013 16:53:01 +0000 http://www.rtcc.org/?p=13456 Heavyweights of world finance have fired warning shots at the fossil fuel industry by calling for cutbacks in its subsidies

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The post Analysis: world’s finance chiefs are taking aim at fossil fuels appeared first on Climate Home News.

]]> https://www.climatechangenews.com/2013/10/11/analysis-worlds-finance-chiefs-are-taking-aim-at-fossil-fuels/feed/ 0 No bailout for the Earth’s climate, warns OECD chief https://www.climatechangenews.com/2013/10/09/no-bailout-for-the-earths-climate-warns-oecd-chief/ https://www.climatechangenews.com/2013/10/09/no-bailout-for-the-earths-climate-warns-oecd-chief/#respond Wed, 09 Oct 2013 08:08:58 +0000 http://www.rtcc.org/?p=13380 Morning summary: OECD head to address climate change in speech; South Korea and China discuss climate cooperation; and World Bank and IMF heads discuss climate finance

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The post No bailout for the Earth’s climate, warns OECD chief appeared first on Climate Home News.

]]> https://www.climatechangenews.com/2013/10/09/no-bailout-for-the-earths-climate-warns-oecd-chief/feed/ 0 Fossil fuel subsidies dwarf green investment – report https://www.climatechangenews.com/2013/04/12/governments-throwing-green-money-after-brown-report/ https://www.climatechangenews.com/2013/04/12/governments-throwing-green-money-after-brown-report/#comments Fri, 12 Apr 2013 02:23:26 +0000 http://www.rtcc.org/?p=10702 Developing countries are spending 75 times more on fossil fuel subsidies than they receive to combat climate change according to a new report by the Overseas Development Institute

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]]> https://www.climatechangenews.com/2013/04/12/governments-throwing-green-money-after-brown-report/feed/ 1 IMF: scrap $1.9 trillion oil and gas subsidies https://www.climatechangenews.com/2013/04/02/imf-scrap-1-9-trillion-oil-and-gas-subsidies/ https://www.climatechangenews.com/2013/04/02/imf-scrap-1-9-trillion-oil-and-gas-subsidies/#comments Tue, 02 Apr 2013 23:00:44 +0000 http://www.rtcc.org/?p=10570 Organisation issues roadmap for successful reform of tax breaks and uncompetitive pricing that encourages unsustainable consumption habits and damages the climate

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]]> .mepr-paywall-overlay { position: fixed; top: 0; left: 0; width: 100%; height: 100%; background-color: rgba(0, 0, 0, 0.7); align-items: center; justify-content: center; z-index: 9999; overflow-y: auto; } .mepr-paywall-container { box-sizing: border-box; width: 100%; height: auto; background-color: #fff; border-radius: 2px; padding: 20px 15em 3em; box-shadow: 0 0 20px rgba(0, 0, 0, 0.2); position: absolute; top: 50%; min-height: 50vh; transition: all 0.3s ease-out; } .mepr-paywall-container.active { transition: all 0.3s ease-out; top: 20%; min-height: 80vh; } body:has(.mepr-paywall-overlay) { overflow: hidden; } @media (max-width: 767px) { .mepr-paywall-container { padding-left: 40px; padding-right: 40px; } }

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