IMF, World Bank to step up cooperation on climate, debt, digital … – Reuters

WASHINGTON, Sept 7 (Reuters) – The International Monetary Fund and World Bank on Thursday issued a rare joint statement pledging to step up their cooperation to address climate change, debt vulnerabilities and countries’ digital transitions.

The statement, released ahead of a G20 leaders summit in India this week, said the two institutions can help address mounting challenges facing the global economy – from increasing climate disasters to slowing growth and geopolitical fragmentation – by working together.

“The Bretton Woods institutions, with their universal membership and specialist expertise, are well-placed to make a critical contribution to help countries tackle these challenges,” IMF Managi…

Read the full article at: https://www.reuters.com/markets/imf-world-bank-step-up-cooperation-climate-debt-digital-transition-2023-09-07/