Q&A: Did World Bank and IMF spring meetings help to scale up climate finance?

Finance ministers, central bankers and activists descended on Washington DC in late April for the spring meetings of the World Bank and the International Monetary Fund (IMF). By Josh Gabbatiss, Carbon Brief Generally seen as a focal point for global economic and development issues, this year’s event took place amid unprecedented pressure to accelerate climate action. Climate-vulnerable countries, increasingly backed by wealthy nations, have been calling for major financial bodies to help mobilise the trillions of dollars required to limit and prepare for climate change. Barbados prime minister Mia Mottley has said the global financial architecture was “never designed” for global south nations. She