18 October 2019
Together with the Bretton Woods Project, the SOAS Centre for Sustainable Finance hosted a discussion at the International Monetary Fund (IMF) as part of the World Bank Group and IMF Annual Meetings’ Civil Society Policy Forum. The session explored the IMF’s work on climate since it was identified by the Fund as an ‘emerging issue’ in 2015, including what steps the Fund has taken thus far in the areas of research and policy. The panel also discussed the Fund’s role with respect to the looming climate crisis, focusing on the already-existing impact of climate change on climate vulnerable countries’ debt profiles, as well as the threat to global macroeconomic stability presented by undisclosed climate risks.
Panellists included Signe Krogstrup, the Assistant Governor and Head of Economics and Monetary Policy at Danmarks Nationalbank, the Danish central bank; Heron Belfon, the Director of Jubilee Caribbean; Irene Monasterolo, Assistant Professor of Climate Economics and Finance at Vienna University of Economics and Business; and Paolo Mauro, the Deputy Director of the IMF’s Fiscal Affairs Department. The discussion was chaired by Ulrich Volz, the Founding Director of the SOAS Centre for Sustainable Finance.
For further information, contact:
Ulrich Volz (email@example.com)