The Big Push for Transformation through Climate and Development Recommendations of the High-Level Advisory Group on Sustainable and Inclusive Recovery and Growth

The High-Level Advisory Group (HLAG) on Sustainable and Inclusive Recovery and Growth came together to provide policy analysis and practical proposals for actions that could help countries secure a strong recovery from the pandemic and a successful green transition. This report pulls together key fi...

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Bibliographic Details
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 2023
Series:Analytical Notes
Subjects:
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
Description
Summary:The High-Level Advisory Group (HLAG) on Sustainable and Inclusive Recovery and Growth came together to provide policy analysis and practical proposals for actions that could help countries secure a strong recovery from the pandemic and a successful green transition. This report pulls together key findings from the deliberations and provides actionable recommendations to support a pathway to green, resilient, and inclusive development (GRID). The HLAG started by assessing the scale and nature of investment and financing challenges. It was immediately clear that investment needs require rapid and sustained scaling up: conservative estimates presented to the HLAG by Bhattacharya and others (2022) suggest that EMDEs other than China have aggregate investment and development spending needs on the order of at least USD 1.3 trillion per year by 2025 and USD 3.5 trillion per year by 2030
Physical Description:55 pages
ISBN:9798400235689