World Bank Group and International Monetary Fund Step Up Joint Efforts to Scale Up Climate Action

The World Bank Group (WBG) and the International Monetary Fund (IMF) are deepening their cooperation through an enhanced framework to help countries scale up action to address the threat of climate change.

This collaboration will provide critical support to national climate strategies, through an integrated, country-led approach to driving climate policy reforms and investments. Under their respective mandates, the WBG and IMF will leverage their analytical studies, technical assistance, financing, and policy expertise to enhance country-driven reform programs. The framework will be based on three principles:

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