IMF says $100bn Target for Climate, Poverty Funds Achieved 

The head of the International Monetary Fund says that rich countries had met a target of reallocating $100 billion of funds from the institution to battle climate change and poverty in developing countries. <br />Kristalina Georgieva says they met the target and do have the 100 billion. <br />Ahead of the summit, the IMF still needed another $40 billion to hit the target. <br />The plan, first announced in 2019, was for wealthier countries to recycle $100 billion in IMF special drawing rights for vulnerable economies.<br /><br />This show is part of the Spreaker Prime Network, if you are interested in advertising on this podcast, contact us at <a href="https://www.spreaker.com/show/4166630/advertisement">https://www.spreaker.com/show/4166630/advertisement</a>