The Arab Monetary Fund released jointly with partners’ organizations, Regional Financing Arrangements (RFAs), a study on “Global efforts to fight the consequences of climate change: the role of Regional Financing Arrangements”. This study provides an overview of steps taken by (RFAs) to incorporate climate considerations into their activities, covering the areas of economic monitoring, lending, capacity building, and internal policies and operations.
It aims to deepen the RFAs’ understanding of how their regional peers are approaching the emerging policy issue of climate change, and to stimulate collective reflections on how best to support members’ efforts to foster a more sustainable and resilient future.
The RFAs who participated in the study are: Arab Monetary Fund (AMF); the Association of Southeast Asian Nations (ASEAN)+3 Macroeconomic Research Office (AMRO), which is the macroeconomic surveillance unit of the ASEAN+3 region; the Eurasian Fund for Stabilization and Development (EFSD); the European Union’s Macro-Financial Assistance (MFA), which is managed by the European Commission; the European Stability Mechanism (ESM); and the Latin American Reserve Fund (FLAR).
The study is available on this link