IMF Lending and the Road to Green Transition: One Step Forward, One Step Back
In recent years, the International Monetary Fund (IMF) has portrayed itself as a climate champion through its flagship research publications, staff policy papers, public-facing factsheets, and speeches. But what does its track-record reveal when it comes to lending to countries in crisis in exchange for policy reforms? This report examines the evidence from recent IMF loans to Bangladesh and Uganda.