Resilience And Sustainability Trust―2022 Contribution Agreements with Australia, Canada, China, Germany, Japan, And Spain
Policy Papers, February 23, 2023
Source details
- Canonical URL
- Resilience And Sustainability Trust―2022 Contribution Agreements with Australia, Canada, China, Germany, Japan, And Spain
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Bibliographic details
- Published: February 23, 2023
- Series: Policy Papers
- DOI: https://doi.org/10.5089/9798400235450.007
Scope and purpose
- Presents the first set of contribution agreements finalized with contributors by the time of the operationalization of the Resilience and Sustainability Trust (RST) on October 12, 2022.
- Describes the six finalized agreements that provide resources across the three RST accounts: the loan account, deposit account, and reserve account.
Key findings and figures
- The six finalized agreements provide for contributions in a total amount of about SDR 15.3 billion across the three RST accounts.
- The agreements delivered critical resources for the operationalization of the RST and represent an important step towards its adequate funding.
- Publication specifics:
- Pages: 81
- Volume: 2023
- Issue: 003
- Series: Policy Paper No. 2023/003
- DOI: https://doi.org/10.5089/9798400235450.007
- Stock No: PPEA2023003
- ISBN: 9798400235450
- ISSN: 2663-3493
- Date: February 23, 2023
- Format noted: PDF available
Thematic focus and keywords
- Subject areas: Environment, Environmental sustainability, Financial institutions, Financial services, Loans, Monetary policy, Political economy, SDR interest rate.
- Keywords included in the document: contribution agreement, deposit account claim, Environmental sustainability, Loans, SDR equivalent, SDR interest rate, totaling SDR, transparency policy.
Implications and significance
- The finalized contribution agreements were essential to make the RST operational as of October 12, 2022.
- The resource mobilization represented by about SDR 15.3 billion across loan, deposit, and reserve accounts is characterized in the paper as a critical step toward adequate funding of the RST.
International Monetary Fund. Finance Dept., and International Monetary Fund. Legal Dept. "Resilience And Sustainability Trust―2022 Contribution Agreements with Australia, Canada, China, Germany, Japan, And Spain", Policy Papers 2023, 003 (2023).
Content in this bundle
- Policy Paper