Barbados borrows from IMF through climate trust

Barbados borrows from IMF through climate trust

International Financial Institutions International Monetary Fund (IMF) Loans ESG Green Finance Debt Economy & Policy Barbados Caribbean United States

The International Monetary Fund (IMF) said Wednesday that it agreed to lend $183 million to Barbados through the Resilience and Sustainability Trust (RST), a new program for countries to counter the economic risks of global warming. The IMF also granted a three-loan, $110 million loan for Barbados "to maintain and strengthen macroeconomic stability and continue implementation of the structural reform agenda," it said in a press release. The financing "aims to strike a balance between enhancing r

Already have an account?

Free trial

Take a free two-week trial now for the latest news, data and market analysis.

Free Trial