Statement by the Managing Director on the Independent Evaluation Office Report on the IMF and Climate Change

I welcome the IEO’s comprehensive evaluation, which finds that the Fund’s work on climate has had high value for our members. The report provides a well-structured assessment of the Fund’s climate-related engagement across surveillance, lending, and capacity development, highlighting how this work has been anchored in members’ macroeconomic and financial frameworks. To follow up on the IEO’s three main recommendations—which I support, with some qualifications—a Management Implementation Plan (MIP) will be developed, consistent with resource constraints and closely aligned with existing workstreams, including the ongoing CSR, ROC, and FSAP reviews.