Sustainable finance has a key role to play in the world’s transition to net zero by channelling private money into carbon-neutral projects, says the European Union, whose Green Deal Investment Plan aims to raise $1.14 trillion to help pay the cost of making Europe net zero climate change emissions by 2050.

Washington, DC – June 21, 2021: On June 21, the Executive Board of the International Monetary Fund (IMF) approved temporary modifications to access limits under the large natural disaster (LND) windows of the Rapid Credit Facility (RCF) and of the Rapid Financing Instrument (RFI) .