Resilience and Sustainability Facility—Updated Operational Guidance Note

March 18, 2025

Summary

This note provides general guidance on Resilience and Sustainability Facility (RSF) operations, including for arrangement requests and reviews. The RSF provides longer-term, affordable financing to members to help them address risks to prospective BOP stability stemming from longer-term macro critical structural challenges from climate change and pandemic preparedness. The note has benefited from early experience gained during the operationalization of the RSF; the outcome of the May 2024 RST Interim Review; the launch of the Enhanced Cooperation Framework for Scaled Up Climate Action with the World Bank; and the approval of Broad Cooperation Principles on Pandemic Preparedness in RSF operations with the World Bank and the World Health Organization.

Subject: Climate change, Climate finance, Climate policy, COVID-19, Debt sustainability, Environment, External debt, Health

Keywords: Climate change, Climate finance, Climate policy, Conditionality, COVID-19, Debt sustainability, Enhanced IMF, Global, IMF-World Bank Group collaboration framework, Long-term challenges, pandemic preparedness, Prospective risks to Balance of Payment stability, RSF arrangement, RSF design, RSF engagement timeline, RSF financing presentation, RSF reform measure matrix

Pages:
92
Volume:
2025
DOI:
https://doi.org/10.5089/9798229003902.007
Issue:
004
Series:
Policy Paper No. 2025/004
Stock No:
PPEA2025004
ISBN:
9798229003902
ISSN:
2663-3493

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