Wednesday, August 17, 2022
Green Reporter
  • Home
  • Biodiversity
  • Climate Change
  • Energy
  • Filmmaking
  • Food
  • Investment
  • Management
  • Sustainability
  • Technology
  • Transportation
No Result
View All Result
  • Home
  • Biodiversity
  • Climate Change
  • Energy
  • Filmmaking
  • Food
  • Investment
  • Management
  • Sustainability
  • Technology
  • Transportation
No Result
View All Result
Green Reporter
No Result
View All Result
Home Management

IMF management, board have no role in statements issued after a country surveillance mission -spokesman

GrR by GrR
February 3, 2022
in Management
0
55
SHARES
237
VIEWS
Share on FacebookShare on Twitter


The International Monetary Fund (IMF) headquarters building is seen ahead of the IMF/World Bank spring meetings in Washington, U.S., April 8, 2019. REUTERS/Yuri Gripas/File Photo

Register now for FREE unlimited access to Reuters.com

WASHINGTON, Feb 3 (Reuters) – IMF management and board have no role in preparing the concluding statement issued after a staff surveillance mission to a country, an IMF spokesman said on Thursday, after Reuters reported that a draft sentence critical of Japan’s financing of high-emissions coal projects was deleted from a Jan. 28 statement. read more

International Monetary Fund spokesman Gerry Rice told Reuters that the fund did not comment on leaks of draft documents. But he said the Jan. 28 statement issued by staff after an Article IV surveillance mission to Japan did include “robust analysis on the issue of climate change.” read more

Reuters reported Wednesday that the Jan. 28 concluding statement omitted a sentence included in an earlier draft, which said global efforts on climate policy would benefit if Japan ended exceptions from its pledge to end financing of new unabated coal projects.

Register now for FREE unlimited access to Reuters.com

The IMF initially declined to comment, but offered a longer statement on the Article IV surveillance process on Thursday.

Climate activists said deletion of the passage on coal from the staff’s concluding statement was disappointing coming so soon after the IMF board agreed to focus more on climate change in its surveillance of countries’ economies.

The report did include a section entitled “Shifting to a Low-carbon Economy” that made no mention of coal but said meeting carbon emissions reduction goals would be especially challenging for Japan given its heavy reliance on fossil fuels for energy since a 2011 earthquake and tsunami.

Rice also noted that decisions on concluding statements were made by the staff country team. Management and the board were only involved in the next phase of the Article IV surveillance process, which leads to publication of a more detailed staff report.

Register now for FREE unlimited access to Reuters.com

Reporting by Andrea Shalal; Editing by Leslie Adler, Alexandra Hudson

Our Standards: The Thomson Reuters Trust Principles.



Source link

Previous Post

Students dive into research with the MIT Climate and Sustainability Consortium | MIT News

Next Post

Parliamentary panel for innovative tools like green banks, renewable finance obligation to boost clean energy

GrR

GrR

Green Reporter is a global source for news of sustainability, green industry, green technology, clear energy, sustainable food production, and green investments. Our aim is to deliver the best news and information to you.

Next Post

Parliamentary panel for innovative tools like green banks, renewable finance obligation to boost clean energy

  • Trending
  • Comments
  • Latest

Climate change in our backyard: Manitoba begins to grapple with the consequences – Winnipeg

August 10, 2021

Repsol starts marketing debut sustainability-linked bond sale

June 29, 2021

Sustainability Ambitions Soaring at KCI

December 6, 2021

Chris Pratt explains where the White Spikes originated

July 3, 2021
Stop burning our rights! What governments and corporations must do to protect humanity from the climate crisis – World

Stop burning our rights! What governments and corporations must do to protect humanity from the climate crisis – World

Biden said to mull dropping corporate tax hike to fund jobs plan

Biden said to mull dropping corporate tax hike to fund jobs plan

Global investors pressure Asian utilities to cut emissions

Global investors pressure Asian utilities to cut emissions

Global inequity could derail path to net zero

Global inequity could derail path to net zero

What’s With A24’s Religious Obsession?

August 12, 2022

Governor Hochul Announces Completion of $16 Million Affordable Housing Development in Monroe County

August 12, 2022

EU ban on Russian coal enters into force

August 12, 2022

Immune system insights and Thai climate calculator: News from the College | Imperial News

August 12, 2022

Recent News

What’s With A24’s Religious Obsession?

August 12, 2022

Governor Hochul Announces Completion of $16 Million Affordable Housing Development in Monroe County

August 12, 2022

EU ban on Russian coal enters into force

August 12, 2022

Immune system insights and Thai climate calculator: News from the College | Imperial News

August 12, 2022

Recent News

What’s With A24’s Religious Obsession?

August 12, 2022

Governor Hochul Announces Completion of $16 Million Affordable Housing Development in Monroe County

August 12, 2022

EU ban on Russian coal enters into force

August 12, 2022

Browse by Category

  • Biodiversity
  • Climate Change
  • Energy
  • Filmmaking
  • Food
  • Investment
  • Management
  • Sustainability
  • Technology
  • Transportation

Follow Us

  • Privacy & Policy
  • About Us
  • Contact Us
  • Advertise

© 2021 Copyright Green Reporter

No Result
View All Result
  • Home
  • Biodiversity
  • Climate Change
  • Energy
  • Filmmaking
  • Food
  • Investment
  • Management
  • Sustainability
  • Technology
  • Transportation

© 2021 Copyright Green Reporter