GDP Center Joins Task Force on Climate, Development, and the IMF
On October 4, 2021, the Global Development Policy (GDP) Center, an affiliated regional center at the Frederick S. Pardee School of Global Studies at Boston University, announced its participation in the new Task Force on Climate, Development, and the International Monetary Fund (TCD IMF).
TCD IMF is a consortium of experts from around the world convened to support the Intergovernmental Group of Twenty-Four (G24) and the Vulnerable Group of Twenty (V20) Ministers of Finance in advancing a development-centered approach to climate policy at the International Monetary Fund (IMF). The Task Force will engage in and utilize rigorous, empirical research to inform policies that align international financial stability and growth with global climate goals.
There is an urgent need for ambitious global action to build just & climate resilient economies. @IMFNews has a key role to play. What should guide its strategy?
🚨 NEW global Task Force proposes a development-centered approach to climate policy at the IMF.
🧵for highlights ⤵️ pic.twitter.com/GzY9MQE1le
— Global Development Policy Center Boston University (@GDP_Center) October 4, 2021
Recognizing that a shift into the climate policy landscape will require significant reform to the IMF’s surveillance and advisory functions and finance toolkit, the Task Force will produce a series of research products while engaging in critical policy dialogue over the next 18 months to provide empirical, rigorous research that can inform this transition.
Learn more about the Task Force on the GDP Center website or in a Reuters article on TCD IMF.
The GDP Center is a university-wide research center affiliated with the Pardee School of Global Studies. The GDP Center’s mission is to advance policy-oriented research for financial stability, human well-being, and environmental sustainability. Visit the GDP Center’s website for more.