Despite adopting a climate strategy in 2021, the IMF still prioritises short-term fiscal consolidation over long-term climate goals, with little evidence it assesses countries’ financing needs for green investment
The fund continues to promote austerity and market-based measures such as carbon pricing, while in some cases backing fossil fuel expansion, which disproportionately affects poorer countries
https://www.sustainableviews.com/imfs-climate-promises-fall-short-amid-us-backlash-47e0d356/
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