The new initiative would focus on systematically changing whole economies, a source tells Reuters.
The World Bank and the International Monetary Fund (IMF) are planning to launch a platform to advise poor countries on funding climate and conservation activities, amid a broader push that could link such spending to debt relief, according to a draft document seen by the Reuters news agency.
The institutions discussions towards that goal are detailed in a World Bank paper on debt published on the banks website on Monday for their annual northern hemisphere spring meetings.
The advisers would include United Nations officials, non-governmental organisations, private investors and even ratings agencies with expertise in sourcing investment…
Read the full article at: https://www.aljazeera.com/economy/2021/4/8/world-bank-imf-consider-linking-debt-relief-to-climate-efforts
