A new policy brief from the Task Force on Climate, Development and the IMF seeks to improve the RST’s design by taking stock of the early experiences of RST programs. This policy brief is anchored in the experiences of Bangladesh, Barbados and Jamaica with wider consultations undertaken by Task Force members.
The RST is an important example of how the international community can re-channel SDRs towards the achievement of development and climate goals. As the IMF reviews the RST, it has the opportunity to improve the effectiveness of the instrument. More broadly, early experiences of the RST offer instructive insights on the opportunities and challenges of using re-channeled SDRs.
Publication Period: April 2024