The V20 Secretariat is a member of the Task Force on Climate, Development, and the International Monetary Fund (IMF), a collaboration of leading experts and institutions committed to advancing a development-centered approach to climate policy within IMF operations.

Climate change presents profound risks to fiscal and financial stability, poverty reduction, economic equality, and the long-term growth prospects of the global economy. These risks disproportionately affect CVF-V20 economies. Policy responses to climate change, including transitions to low-carbon economies, can also generate significant spillover effects, which, if unmanaged, may exacerbate existing inequalities or destabilize economies already under pressure.

As the only multilateral institution with a formal mandate to promote the stability of the international monetary and financial system, the IMF has a unique and essential role to play in supporting a just and resilient global transition. The Task Force argues that the IMF must integrate climate considerations more deeply into its lending frameworks, surveillance, and technical assistance, particularly in ways that center the development needs of climate-vulnerable countries.