, Columnists
The IMF Can Help Developing Nations by Helping the Planet
“Nature collapse” is hitting emerging markets hardest, so multilateral development banks like the IMF should link debt relief to sustainability efforts.
Big money.
Photographer: Samuel Corum/Bloomberg
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Financial negotiators descending on Washington for the International Monetary Fund-World Bank spring meetings this week will again attempt to resolve the escalating debt crisis in emerging markets.
Tackling the issue requires a long-term vision for sovereign financing to achieve greater stability and resilience in developing economies. One route forward lies in the burgeoning sustainability-linked debt movement.