Contribution to the IMF's Resilience and Sustainability Trust
- Funded by Foreign, Commonwealth & Development Office (FCDO)
- Total publications:0 publications
Grant number: GB-GOV-1-400012
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Key facts
Disease
Disease XStart & end year
20232023Known Financial Commitments (USD)
$0Funder
Foreign, Commonwealth & Development Office (FCDO)Research Location
InternationalLead Research Institution
International Monetary FundResearch Priority Alignment
N/A
Research Category
Secondary impacts of disease, response & control measuresResearch Subcategory
N/ASpecial Interest Tags
N/AStudy Type
Not applicableClinical Trial Details
N/ABroad Policy Alignment
PendingAge Group
UnspecifiedVulnerable Population
UnspecifiedOccupations of Interest
Unspecified
Abstract
This payment is a contribution of up to £50mn to the reserve account of the International Monetary Fund's Resilience and Sustainability Trust (RST). The RST is a new lending facility to support low and middle-income countries foster resilience to macroeconomically-critical challenges including climate change, energy resilience, and pandemic preparedness, through long-term concessional lending. This ODA grant contribution will provide the reserves required to facilitate 1.8bn Special Drawing Rights (about £2bn) of lending to the Loan Account of the RST.