Democratic Republic of the Congo: Selected Issues
IMF Staff Country Reports, July 5, 2022
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- Democratic Republic of the Congo: Selected Issues
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Bibliographic details
- Published: July 5, 2022
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9798400214288.002
Focus and scope
- The paper focuses on building resilience and exploring opportunities from climate change in the Democratic Republic of the Congo (DRC).
- Key analytic priorities include understanding the DRC’s exposure to climate vulnerabilities and identifying bottlenecks in scaling up climate policies to achieve its nationally determined contribution.
Main findings
- Global efforts to develop low-carbon technology and conserve carbon sinks put the DRC in a good position with substantial long-term benefit for the country.
- Current logging policies have failed to prevent deforestation in the DRC.
- The DRC presents itself as a solution country for the diffusion of carbon-reduction technology.
- The advent of metals critical for the energy transition could strengthen the impact of global commodity cycles on the external sector.
Policy implications and recommendations
- Focused efforts are needed to strengthen forest management.
- Focused efforts are needed to strengthen mining management.
- Build resilience to climate change through policies that address identified exposure and bottlenecks to scaling up climate action to meet the nationally determined contribution.
Thematic coverage and keywords
- Subject areas: Environment, Financial markets, International organization, Monetary policy, Technology.
- Keywords include: carbon sinks, Climate change, Democratic Republic of the Congo workforce, E. climate policy step, E. policy recommendation, Financial inclusion, Global, Greenhouse gas emissions, macro indicator, Mobile banking, Natural disasters, Sub-Saharan Africa, trade union confederation.
International Monetary Fund. Democratic Republic of the Congo: Selected Issues, IMF Staff Country Reports 2022, 211.
Content in this bundle
- Democratic Republic of the Congo: Selected Issues; IMF Country Report No. 22/211; June 13, 2022