(AGENPARL) – mar 25 giugno 2024 The institution has a role to play in addressing this threat, but there are limits on how far it should go
F&D header [ https://www.imf.org/en/Publications/fandd?utm_medium=email&utm_source=govdelivery ]
________________________________________________________________________
The IMF’s Climate Change Debate [ https://www.imf.org/en/Publications/fandd/issues/2024/06/The-IMFs-Climate-Change-Debate-Masood-Ahmed?utm_medium=email&utm_source=govdelivery ]
*JUNE 2024*
________________________________________________________________________
Ahmed [ https://www.imf.org/en/Publications/fandd/issues/2024/06/The-IMFs-Climate-Change-Debate-Masood-Ahmed?utm_medium=email&utm_source=govdelivery ]
(Credit: Chip Somodevilla/Getty Images)
Dear Colleague,
Climate change poses a special challenge to the International Monetary Fund. While the IMF’s World Economic Outlook offered its first substantive discussion of the matter back in 2008, the executive board didn’t agree on a strategy for helping member countries address it until 2021.
Writing in the latest issue of Finance & Development, *Masood Ahmed*, president of the Center for Global Development, explains why the issue provokes strong reactions both from those who want the IMF to do more and those who say it has already strayed beyond its core mandate and expertise.
Why should an issue that is widely considered an existential threat to the planet raise such controversy about the work of the IMF?
*Read the article* [ https://www.imf.org/en/Publications/fandd/issues/2024/06/The-IMFs-Climate-Change-Debate-Masood-Ahmed?utm_medium=email&utm_source=govdelivery ]
June Issue
F&D June 2024 cover lo-res [ https://www.imf.org/en/Publications/fandd?utm_medium=email&utm_source=govdelivery ]
The world has changed markedly since the IMF was founded 80 years ago. In F&D’s June issue, we explore how the IMF can adapt to remain effective.
“Our biggest challenges—from global warming to demographic and technological transformations—cannot be resolved by countries acting alone,” writes [ https://www.imf.org/en/Publications/fandd/issues/2024/06/Editor-Letter-A-Fund-for-the-Future?utm_medium=email&utm_source=govdelivery ] editor-in-chief, *Gita Bhatt*. “Yet just when we need greater international cooperation, we get the opposite.”
________________________________________________________________________
*Feature Articles*
*Economic Possibilities for My Grandchildren [ https://www.imf.org/en/Publications/fandd/issues/2024/06/Economic-possibilities-for-my-grandchildren-Kristalina-Georgieva?utm_medium=email&utm_source=govdelivery ]* | There is an economic promise to be made across generations, one that requires decisive action | *Kristalina Georgieva*
**Moving to Complexity [ https://www.imf.org/en/Publications/fandd/issues/2024/06/Moving-To-Complexity-Harold-James?utm_medium=email&utm_source=govdelivery ]* | *As the IMF turns 80, its history holds lessons for future international risk management* | *Harold James**
*Geopolitics is Corroding Globalization [ https://www.imf.org/en/Publications/fandd/issues/2024/06/Geopolitics-Corroding-Globalization-Adam-S-Posen?utm_medium=email&utm_source=govdelivery ]* | How should the IMF respond? | *Adam S. Posen*
**New Surveillance Tests [ https://www.imf.org/en/Publications/fandd/issues/2024/06/New-Surveillance-Tests-Ceyla-Pazarbasioglu?utm_medium=email&utm_source=govdelivery ] **| IMF monitoring of member countries’ economic health faces a new generational challenge | *Ceyla Pazarbasioglu*
F&D covers [ https://www.bookstore.imf.org/templates/fdec2?cid=imfo-com-compc-fdlanding&source=fdlanding&utm_medium=email&utm_source=govdelivery ]
Get an overview of the latest thinking on international economic challenges, interactions, and policy responses. 
*Want **to get a free copy delivered to your home or office?*
*Subscribe now* [ https://www.bookstore.imf.org/templates/fdec2?cid=imfo-com-compc-fdlanding&source=fdlanding&utm_medium=email&utm_source=govdelivery ]
________________________________________________________________________
Also in this Issue
*The IMF Must Lead on Debt Sustainability [ https://www.imf.org/en/Publications/fandd/issues/2024/06/The-IMF-Must-Lead-on-Debt-Sustainability-Mia-Amor-Mottley?utm_medium=email&utm_source=govdelivery ] | *Reform of its lending arrangements for middle-income countries is overdue | *Mia Amor Mottley*
*A Consensus is Forming for IMF Reform [ https://www.imf.org/en/Publications/fandd/issues/2024/06/A-Consensus-is-Forming-for-IMF-Reform-William-Ruto?utm_medium=email&utm_source=govdelivery ] | *The IMF must listen to the needs of its global membership and adapt to emerging challenges | *William Ruto*
*Latin America and the IMF [ https://www.imf.org/en/Publications/fandd/issues/2024/06/Latin-America-and-The-IMF-Pablo-Garcia-Silva?utm_medium=email&utm_source=govdelivery ] | *A strong multilateral system is crucial for advancing the region’s economic prosperity | *Pablo García-Silva*
*Reform or Risk Irrelevance [ https://www.imf.org/en/Publications/fandd/issues/2024/06/Point-of-View-Reform-or-Risk-Irrelevance-Raghuram-Rajan?utm_medium=email&utm_source=govdelivery ] | *Eight decades after Bretton Woods, the IMF must professionalize and depoliticize its decisions | *Raghuram Rajan*
*Special Drawing Rights Reconsidered [ https://www.imf.org/en/Publications/fandd/issues/2024/06/Point-of-View-Special-Drawing-Rights-Reconsidered-Edwin-M-Truman?utm_medium=email&utm_source=govdelivery ] | *Countries could better address the world’s economic challenges with the IMF’s global reserve asset | *Edwin M. Truman*
*No Time for Half Measures [ https://www.imf.org/en/Publications/fandd/issues/2024/06/Point-of-View-No-Time-for-Half-Measures-Martin-Wolf?utm_medium=email&utm_source=govdelivery ] | *The agenda for making the IMF work better has four vital elements | *Martin Wolf*
________________________________________________________________________
Elsewhere, for *Picture This [ https://www.imf.org/en/Publications/fandd/issues/2024/06/Picture-This-The-Evolving-IMF?utm_medium=email&utm_source=govdelivery ]*, *Atish Rex Ghosh* and *Andrew Stanley* look at how the IMF has evolved over the past 30 years.
For *Back to Basics [ https://www.imf.org/en/Publications/fandd/issues/2024/06/B2B-Globalization-Today-Adam-Jakubik-and-Elizabeth-Van-Heuvelen?utm_medium=email&utm_source=govdelivery ]*, *Adam Jakubik* and *Elizabeth Van Heuvelen* explain how updated trade rules, coupled with stronger domestic policies, could make globalization fairer.
*Henny Sender* profiles *Zhu Min* for *People in Economics [ https://www.imf.org/en/Publications/fandd/issues/2024/06/PIE-The-Internationalist-Economist?utm_medium=email&utm_source=govdelivery ]*”.”
And for *Currency Notes* [ https://www.imf.org/en/Publications/fandd/issues/2024/06/Currency-Notes-The-Money-Archive-Melinda-Weir?utm_medium=email&utm_source=govdelivery ], *Melinda Weir* delves into The Smithsonian’s National Numismatic Collection.
And finally, turning to books, *Vivek Aurora* reviews *Daniel Susskind’s* “Growth: A History and a Reckoning [ https://www.imf.org/en/Publications/fandd/issues/2024/06/Book-Reviews-High-Quality-Growth-Vivek-Arora?utm_medium=email&utm_source=govdelivery ]”.
*Douglas A. Irwin* looks at “Keynes’s Economic Consequences of the Peace after 100 Years: Polemics and Policy [ https://www.imf.org/en/Publications/fandd/issues/2024/06/Book-Reviews-Lessons-from-Keynes-Douglas-A-Irwin?utm_medium=email&utm_source=govdelivery ]” by *Patricia Clavin*, *Giancarlo Corsetti*, *Maurice Obstfeld*, and *Adam Tooze*.
*Josie Cox’s* “Women Money Power: The Rise and Fall of Economic Equality [ https://www.imf.org/en/Publications/fandd/issues/2024/06/Book-Reviews-Stepping-up-for-Equality-Lisa-Kolovich?utm_medium=email&utm_source=govdelivery ]” is reviewed by *Lisa Kolovich*.
We’d love to hear your thoughts and suggestions. Feel free to contact us.
Nick circle BW
*Nicholas Owen*
Senior Editor | F&D Magazine