Hamburg 1.2.2010. The IMF Managing Director, Dominique Strauss-Kahn, has taken up a suggestion by the World Future Council (WFC) on how to finance climate security and climate justice in developing countries. A new multi-billion dollar “Green Fund” that could provide up to $100 billion a year was suggested by Strauss-Kahn at the World Economic Forum in Davos. Part of this fund should be financed through the issuance of additional Special Drawing Rights (SDRs), a reserve asset created by the IMF. The World Future Council proposed funding the development of renewable energies through new, interest-free SDRs at the World Climate Summit in Copenhagen last December and discussed this proposal with the IMF.
https://www.worldfuturecouncil.org/wp-content/uploads/2023/04/Header_Logo_World_Future_Council_FIN_RGB-300x138.png00Anna_Mediahttps://www.worldfuturecouncil.org/wp-content/uploads/2023/04/Header_Logo_World_Future_Council_FIN_RGB-300x138.pngAnna_Media2010-02-01 08:20:112023-04-26 13:12:37IMF takes up World Future Council suggestion
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