Spring Meetings

How can the policies for a recovery from the COVID-19 crisis also build resilience to another crisis—climate change? A green recovery in sub-Saharan Africa can be achieved by empowering people, enhancing physical infrastructure, and strengthening coping mechanisms.

Without immediate emission reduction policies, global warming will soon have catastrophic implications. An initial green investment push together with gradually rising carbon prices would reduce emissions sufficiently at reasonable output costs.

It’s impossible to accurately predict the future so strategic foresight leverages multiple plausible futures to help us adeptly navigate uncertain times. This presentation describes how the IMF has used foresight, including scenario planning and policy gaming, to inform strategy and policy.