{
  "title": "The Big Push for Transformation through Climate and Development: Recommendations of the High-Level Advisory Group on Sustainable and Inclusive Recovery and Growth",
  "publication": "Analytical Notes, February 28, 2023",
  "sourceUrl": "https://www.imf.org/en/publications/analytical-notes/issues/2023/02/28/the-big-push-for-transformation-through-climate-and-development-recommendations-of-the-high-530354",
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  "summary": "The High-Level Advisory Group (HLAG) on Sustainable and Inclusive Recovery and Growth came together to provide policy analysis and practical proposals for actions that could help countries secure a strong recovery from the pandemic and a successful green transition.",
  "sections": [
    {
      "heading": "Purpose and scope",
      "content": "- The High-Level Advisory Group (HLAG) on Sustainable and Inclusive Recovery and Growth assembled to provide policy analysis and practical proposals to help countries secure a strong recovery from the pandemic and a successful green transition.\n- The report pulls together key findings from the HLAG deliberations and provides actionable recommendations to support a pathway to green, resilient, and inclusive development (GRID)."
    },
    {
      "heading": "Assessment of investment and financing challenges",
      "content": "- The HLAG started by assessing the scale and nature of investment and financing challenges and concluded that investment needs require rapid and sustained scaling up.\n- Conservative estimates presented to the HLAG by Bhattacharya et al. (2022) suggest that EMDEs other than China have aggregate investment and development spending needs on the order of at least:\n  - $1.3 trillion per year by 2025\n  - $3.5 trillion per year by 2030"
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    {
      "heading": "Key findings",
      "content": "- A strong recovery from the pandemic and a successful green transition require substantial scaling up of investment and development spending.\n- Achieving green, resilient, and inclusive development (GRID) is the overarching objective guiding the HLAG's analysis and recommendations."
    },
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      "heading": "Actionable recommendations (high-level)",
      "content": "- The report provides practical policy proposals designed to support a pathway to GRID, drawing on the HLAG’s deliberations and assessment of investment needs.\n- Recommendations are intended to address both the scale and the nature of financing shortfalls to enable rapid and sustained investment increases.\n\nThe Big Push for Transformation through Climate and Development: Recommendations of the High-Level Advisory Group on Sustainable and Inclusive Recovery and Growth, February 28, 2023.\n\n---\n\n Content in this bundle\n\n- Anea2023002\n  - Anea2023002 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Anea2023002 (PDF){rel=\"external\" type=\"application/pdf\"}\n\n---\n\nSource: https://www.imf.org/en/publications/analytical-notes/issues/2023/02/28/the-big-push-for-transformation-through-climate-and-development-recommendations-of-the-high-530354"
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    "Published: February 28, 2023",
    "Series: Analytical Notes",
    "DOI: https://doi.org/10.5089/9798400235689.064",
    "The High-Level Advisory Group (HLAG) on Sustainable and Inclusive Recovery and Growth assembled to provide policy analysis and practical proposals to help countries secure a strong recovery from the pandemic and a successful green transition.",
    "The report pulls together key findings from the HLAG deliberations and provides actionable recommendations to support a pathway to green, resilient, and inclusive development (GRID).",
    "The HLAG started by assessing the scale and nature of investment and financing challenges and concluded that investment needs require rapid and sustained scaling up.",
    "Conservative estimates presented to the HLAG by Bhattacharya et al. (2022) suggest that EMDEs other than China have aggregate investment and development spending needs on the order of at least:",
    "A strong recovery from the pandemic and a successful green transition require substantial scaling up of investment and development spending.",
    "Achieving green, resilient, and inclusive development (GRID) is the overarching objective guiding the HLAG's analysis and recommendations.",
    "The report provides practical policy proposals designed to support a pathway to GRID, drawing on the HLAG’s deliberations and assessment of investment needs.",
    "Recommendations are intended to address both the scale and the nature of financing shortfalls to enable rapid and sustained investment increases.",
    "**Anea2023002**"
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