IMF secures $40 billion so far for new sustainability trust ...Middle East

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IMF secures $40 billion so far for new sustainability trust
source : Devdiscourse ( Middle East ) () 24
The International Monetary Fund (IMF) has received $40 billion in pledges for its new Resilience and Sustainability Trust to address challenges such as climate change, IMF head Kristalina Georgieva said on Friday, close to their target set last month. Building resilience to the effects of climate change will cost trillions of dollars over the next decade, she said in a pre-recorded speech broadcast to the Ibrahim Governance Forum, an Africa-focused conference.

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