IMF, WBG announce Madagascar as first country to benefit from Enhanced Cooperation Framework for Climate Action

WASHINGTON DC, 22nd June, 2024 (WAM) -- The World Bank Group (WBG) and International Monetary Fund (IMF) have announced that the Enhanced Cooperation Framework for Climate Action is now operational, with Madagascar to be the first country benefitting from the Framework in the context of the Resilience and Sustainability Facility (RSF) arrangement approved today by the IMF Executive Board, and the WBG active engagement