Policy Papers

Resilience and Sustainability Facility—Operational Guidance Note

November 28, 2023

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Format: Chicago

International Monetary Fund. Strategy, Policy, & Review Department, International Monetary Fund. Finance Dept., and International Monetary Fund. Legal Dept. "Resilience and Sustainability Facility—Operational Guidance Note", Policy Papers 2023, 051 (2023), accessed 12/5/2025, https://doi.org/10.5089/9798400260766.007

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Summary

This note provides general guidance on the operationalization of the Resilience and Sustainability Facility (RSF) for arrangement requests and reviews. The RSF complements the existing IMF lending toolkit by providing longer-term, affordable financing to members to help them address longer-term structural challenges from climate change and pandemic preparedness. The note has benefited from experience gained during early operationalization of the RSF.

Subject: Climate change, Climate finance, Climate policy, Debt sustainability, Environment, External debt, Monetary policy, Political economy

Keywords: Climate change, Climate finance, Climate policy, Collaboration with other international organizations, Conditionality, Debt sustainability, Global, Long-term challenges, pandemic preparedness, Prospective risks to Balance of Payment stability, RSF arrangement, RSF design, RSF engagement timeline, RSF financing presentation, RSF framework