Resilience and Sustainability Facility—Operational Guidance Note

Policy Papers, November 28, 2023

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Resilience and Sustainability Facility—Operational Guidance Note

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Bibliographic details

• Published: November 28, 2023
• Series: Policy Papers
• DOI: https://doi.org/10.5089/9798400260766.007

Overview

• Publication date: November 28, 2023
• 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.

Key features and objectives

• Provides longer-term, affordable financing to IMF members.
• Aims to help members address longer-term structural challenges from:
  • climate change
  • pandemic preparedness
• Complements the existing IMF lending toolkit.
• Informed by experience gained during early operationalization of the RSF.

Subject areas and keywords

• 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

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