This event aims to explore the evolving coherence between the Bretton Woods institutions and the World Trade Organization (WTO), with a focus on the intersections of climate and trade. The session will begin with a 20-minute lecture providing an overview of these key relationships, followed by a panel discussion featuring three experts who will delve into the implications of global trade dynamics, climate policies, and the future of globalization. Attendees will gain insights into how these institutions can adapt to emerging global challenges and shape a more sustainable and equitable international system.
The damage and economic losses generated by natural catastrophe events and climate change have risen significantly in frequency and scale in recent years. Individuals and organizations are increasingly experiencing situations in which their health, wealth and incomes are not adequately protected across the world. The direct consequences of protection gaps represent a major challenge to the well-being and economic prosperity of individuals and societies. Narrowing protection gaps is the shared responsibility of private and public stakeholders. This panel would focus on protection gaps and discuss the role the insurance sector (with support from the public sector) can play in narrowing these gaps.
As the 2024 Annual Meetings come to a close, IMF Communications Director Julie Kozack will recap the key moments and developments from the week. Nigel Clarke, Finance Minister & The Public Service of Jamaica discusses the country’s remarkable economic turnaround, and Bihi Iman Egeh, Minister of Finance, Federal Government of Somalia delves deep into their fiscal journey to debt relief. To mark 80 years since the Bretton Woods Conference, IMF historian Rex Ghosh will close by offering a fascinating look into the Fund’s journey and future outlook. Don’t miss this reflective and forward-looking conclusion.