CSO Forum: The IMF & Climate Change: Can the Fund Help Countries Avoid a “Climate Minsky Moment”?
The SOAS Centre for Sustainable Finance and the Bretton Woods Project host a discussion at the International Monetary Fund (IMF) as part of the World Bank Group and IMF Annual Meetings’ Civil Society Policy Forum. This session will explore the IMF’s work on climate since it was identified by the Fund as an ‘emerging issue’ in 2015, including looking at what steps the Fund has taken thus far in the areas of research and policy. The panel will also discuss 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:· Ulrich Volz, Founding Director, SOAS Centre for Sustainable Finance, SOAS University of London & Senior Research Fellow, German Development Institute (Chair)
· Signe Krogstrup, Assistant Governor and Head of Economics and Monetary Policy, Danmarks Nationalbank
· Heron Belfon, Director, Jubilee Caribbean
· Irene Monasterolo, Assistant Professor of Climate Economics and Finance, Vienna University of Economics and Business & Visiting Fellow, Boston University
· Paolo Mauro, Deputy Director, Fiscal Affairs Department, IMF
October 18, 2019
October 19, 2019
International Monetary Fund, IMF HQ2 - 3B 838B, Washington DC, US