Imf Saps Hurt The Environment

14 June 2000

A new report by Friends of the Earth-US, The IMF: Selling the Environment Short, highlights how the IMF‘s growth-led development model and its approach to stabilisation are unsustainable and fail to consider the implications of ecological limits. The recommendations include:

  • environmental impact assessments should be carried out as part of a SAP agreement;
  • environmental ministers should be included in negotiations on IMF programmes, and consultation with civil society and NGOs should be increased;
  • publication of disaggregated figures for environmental spending; and
  • environmental accounting should be part of IMF technical assistance and data gathering.


Tel: +001 202 783 7400