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UK - Foreign, Commonwealth Development Office (FCDO)

Contribution to the IMF's Resilience and Sustainability Trust

IATI Identifier: GB-GOV-1-400012

Description

This payment is a contribution of up to £50mn to the reserve account of the International Monetary Fund's Resilience and Sustainability Trust (RST). The RST is a new lending facility to support low and middle-income countries foster resilience to macroeconomically-critical challenges including climate change, energy resilience, and pandemic preparedness, through long-term concessional lending. This ODA grant contribution will provide the reserves required to facilitate 1.8bn Special Drawing Rights (about £2bn) of lending to the Loan Account of the RST.


Location

The country, countries or regions that benefit from this Programme.
Developing countries, unspecified
Disclaimer: Country borders do not necessarily reflect the UK Government's official position.

Status Implementation

The current stage of the Programme, consistent with the International Aid Transparency Initiative's (IATI) classifications.

Programme Spend

Programme budget and spend to date, as per the amounts loaded in financial system(s), and for which procurement has been finalised.

Participating Organisation(s)

Help with participating organisations

Accountable:Organisation responsible for oversight of the activity

Extending: Organisation that manages the budget on behalf of the funding organisation.

Funding: Organisation which provides funds.

Implementing: Organisations implementing the activity.

Sectors

Sector groups as a percentage of total Programme budget according to the OECD Development Assistance Committee (DAC) classifications.

Budget

A comparison across financial years of forecast budget and spend to date on the Programme.

Policy Marker(s)

ODA measures in relation to their realisation of OECD development policy objectives

Aid Targeting the Objectives of the Framework Convention on Climate Change - Mitigation significant objective
Aid Targeting the Objectives of the Framework Convention on Climate Change - Adaptation significant objective

Download IATI Data for GB-GOV-1-400012