{
  "title": "Resilience and Sustainability Facility—Updated Operational Guidance Note",
  "publication": "Policy Papers, March 18, 2025",
  "sourceUrl": "https://www.imf.org/en/publications/policy-papers/issues/2025/03/18/resilience-and-sustainability-facility-updated-operational-guidance-note-565348",
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  "summary": "This note provides general guidance on Resilience and Sustainability Facility (RSF) operations, including for arrangement requests and reviews.",
  "sections": [
    {
      "heading": "Summary and purpose",
      "content": "- Provides general guidance on Resilience and Sustainability Facility (RSF) operations, including for arrangement requests and reviews.\n- 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.\n- 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."
    },
    {
      "heading": "Major themes and operational focus",
      "content": "- RSF operations and design:\n  - Guidance on RSF arrangement requests and review procedures.\n  - RSF financing presentation and RSF reform measure matrix.\n  - RSF engagement timeline and RSF arrangement features.\n- Cross-institutional cooperation:\n  - Enhanced Cooperation Framework for Scaled Up Climate Action with the World Bank.\n  - Broad Cooperation Principles on Pandemic Preparedness with the World Bank and the World Health Organization.\n- Risk focus:\n  - Addressing prospective risks to Balance of Payment (BOP) stability from long-term macro critical structural challenges, specifically climate change and pandemic preparedness."
    },
    {
      "heading": "Subject areas and keywords",
      "content": "- Subject: Climate change, Climate finance, Climate policy, COVID-19, Debt sustainability, Environment, External debt, Health\n- 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\n\n---\n\n Content in this bundle\n\n- Policy Paper\n  - Policy Paper (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Policy Paper (PDF){rel=\"external\" type=\"application/pdf\"}\n\n---\n\nSource: https://www.imf.org/en/publications/policy-papers/issues/2025/03/18/resilience-and-sustainability-facility-updated-operational-guidance-note-565348"
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    "Published: March 18, 2025",
    "Series: Policy Papers",
    "DOI: https://doi.org/10.5089/9798229003902.007",
    "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.",
    "RSF operations and design:",
    "Cross-institutional cooperation:",
    "Risk focus:",
    "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",
    "**Policy Paper**"
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