## Resilience and Sustainability Facility—Updated Operational Guidance Note

_Policy Papers, March 18, 2025_

## Source details

**Canonical URL:** [Resilience and Sustainability Facility—Updated Operational Guidance Note](https://www.imf.org/en/publications/policy-papers/issues/2025/03/18/resilience-and-sustainability-facility-updated-operational-guidance-note-565348)

## Other formats

- [Markdown version](/en/publications/policy-papers/issues/2025/03/18/resilience-and-sustainability-facility-updated-operational-guidance-note-565348/index.md)
- [Structured JSON version](/en/publications/policy-papers/issues/2025/03/18/resilience-and-sustainability-facility-updated-operational-guidance-note-565348/index.json)
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## Bibliographic details
- Published: March 18, 2025
- Series: Policy Papers
- DOI: https://doi.org/10.5089/9798229003902.007

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### Summary and purpose
- 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.

### Major themes and operational focus
- RSF operations and design:
  - Guidance on RSF arrangement requests and review procedures.
  - RSF financing presentation and RSF reform measure matrix.
  - RSF engagement timeline and RSF arrangement features.
- Cross-institutional cooperation:
  - Enhanced Cooperation Framework for Scaled Up Climate Action with the World Bank.
  - Broad Cooperation Principles on Pandemic Preparedness with the World Bank and the World Health Organization.
- Risk focus:
  - Addressing prospective risks to Balance of Payment (BOP) stability from long-term macro critical structural challenges, specifically climate change and pandemic preparedness.

### Subject areas and keywords
- 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

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## Content in this bundle

- **Policy Paper**
  - [Policy Paper (Markdown version)](/-/media/files/publications/pp/2025/english/ppea2025004.pdf.md){rel="alternate" type="text/markdown"}
  - [Policy Paper (PDF)](/-/media/files/publications/pp/2025/english/ppea2025004.pdf){rel="external" type="application/pdf"}

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_Source: https://www.imf.org/en/publications/policy-papers/issues/2025/03/18/resilience-and-sustainability-facility-updated-operational-guidance-note-565348_
