Resilience and Sustainability Facility—Updated Operational Guidance Note

Author: International Monetary Fund. Strategy, Policy, & Review Department, International Monetary Fund. Finance Dept., and International Monetary Fund. Legal Dept.

The note offers guidance on Resilience and Sustainability Facility (RSF) operations, reflecting the Interim Review of the Resilience and Sustainability Trust (RST), lessons from past RSF requests and reviews, and enhanced cooperation with development partners in RSF operations.

Volume/Issue: Volume 2025 Issue 004

Publication date: March 2025

ISBN: 9798229004534

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Topics covered in this book

This title contains information about the following subjects. Click on a subject if you would like to see other titles with the same subjects.

Environmental Economics , Public Policy- Environmental Policy , Exports and Imports , Climate change , Long-term challenges , pandemic preparedness , Prospective risks to Balance of Payment stability , Conditionality , RSF arrangement , IMF-World Bank Group collaboration framework , RSF reform measure matrix , RSF financing presentation , RSF engagement timeline , RSF design , Enhanced IMF , Climate finance , Climate policy , COVID-19 , Debt sustainability , Global

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Summary

This note 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.