WASHINGTON - The International Monetary Fund's Resilience and Sustainability Trust is now operational, adding an important financing instrument to help countries deal with climate change, pandemics and other longer-term issues, IMF Managing Director Kristalina Georgieva said on Wednesday.
"I am delighted to announce that the new Resilience and Sustainability Trust has become operational," she said in a statement. Georgieva said she was pleased the fund had delivered on its promise to make the RST operational around the 2022 IMF/World Bank Annual Meetings.