The United States no longer supports the International Monetary Fund's climate-related loans.
The United States has stopped supporting climate-related lending projects by the International Monetary Fund. After the Trump administration signaled a shift in priorities, the US voted against or abstained from financing projects it had previously supported. According to data released by the US Department of the Treasury, covering meetings up to September last year, since President Donald Trump took office, the United States has not supported any new credit arrangements or existing credit arrangements under the "Resilience and Sustainability lending" category in the 12 votes held by the IMF Executive Board. This new stance reflects Trump's opposition to advancing global initiatives on environmental issues, with the withdrawal from the Paris Agreement being a typical example. This is in stark contrast to the policy during the Biden administration, when the United States supported all RST-related projects. The RST was established in October 2022 with the goal of helping poorer countries address climate crises.
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