The COVID-19 pandemic has pushed the world into a recession that will likely be worse this year than the 2008 global financial crisis. The International Monetary Fund, the World Bank and other multilateral development banks (MDBs) are preparing a large financial response to help countries mitigate the economic impact of the crisis, even while they confront and contain the virus.

Will the multilateral financial response be adequate to meet this unprecedented global challenge? What steps can the IMF, World Bank and other MDBs take to ensure that their responses not only address the current crisis, but lay the groundwork for a more stable, inclusive, and sustainable future? What are the implications of the current crisis and the COVID-19 response for climate finance? WRI Finance Center Director Leo Martinez-Diaz and top experts on multilateral financial institutions seek to answer these questions.


  • Amal-Lee Amin, Climate Director, CDC Group
  • Anthony Nyong, Director for Climate Change and Green Growth, African Development Bank
  • Joaquim Levy, Steyer-Taylor Center for Energy Policy & Finance, Stanford University
  • Jolie Schwarz, Policy Director, Bank Information Center
  • Leonardo Martinez-DiazGlobal Director, Finance Center, WRI
  • Scott Morris, Senior Fellow, Center for Global Development
  • Lawrence MacDonald, VP Communications, WRI (moderator)

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