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Business & Finance

World Bank/IMF spring meetings to focus building a green and resilient recovery

By : cd on 06 Apr 2021, 11:28     |     Source: myjoyonline

IMF

The lingering pandemic has dealt the global economy an unprecedented shock, and the recovery is likely to be slow and uneven.

The current crisis is exacerbating inequalities throughout the world and, without access to vaccines, the gap will widen further.

Meanwhile, COVID-19 has made clear the need to establish a better way to handle the debt-financing needs of developing economies.

And for a sustainable future, solutions are most urgently needed in developing countries, where the investment gap is deepest, and people are most disproportionately impacted by the climate crisis.

Taking place fully virtually, the 2021 World Bank Group/IMF Spring Meetings will center around “helping countries build a green and resilient recovery.”

Leaders from government, business, international organizations, and civil society, along with a diverse group of experts, will discuss these global challenges and the path ahead to achieve resilient recovery.