Republic of Kosovo: Public Investment Management Assessment ... - International Monetary Fund
Republic of Kosovo: Public Investment Management Assessment Update and Climate PIMA
Author/Editor:
Michelle Stone; Sage De Clerck; Yasemin Hurcan; Taz Chaponda; Willie Du Preez; Thomas Ekeli
Publication Date:
December 4, 2023
Electronic Access:
Free Download. Use the free Adobe Acrobat Reader to view this PDF file
Summary:
Kosovo is working to improve its public investment management to support future economic growth and improvements in wellbeing. This assessment applies the IMF Public Investment Management Assessment (PIMA) framework, including the Climate-PIMA module. It finds that there have been improvements in Kosovo’s public investment management institutions since the original 2015 PIMA assessment. Nonetheless, there is room to continue to strengthen public investment management institutions and their climate sensitivity in Kosovo.
Series:
Technical Assistance Report No. 2023/019
Subject:
International organization Monetary policy
Frequency:
regular
English
Publication Date:
December 4, 2023
ISBN/ISSN:
9798400261565/3005-4575
Stock No:
HLSEA2023019
Format:
Paper
Pages:
4
Please address any questions about this title to publications@imf.org
Related Knowledge Center: Climate economics
Climate change is now a driver of the world’s economy. The impact is profound:
- Catastrophic weather events — hurricanes, floods, droughts, high temperatures — are more frequent and more extreme. The cost can be measured in both the initial damage caused and the longer-term impact on the economy.
- Vulnerable communities are increasing climate-related investments, hardening infrastructure and taking other protective measures.
- Investment in carbon capture and storage technologies is increasingly rapidly.
- Governments are making investments and crafting regulations to reduce emissions of carbon dioxide and other greenhouse gases.
On top of all of this is the cost of uncertainty. As the Fourth National Climate Assessment, released in 2018 by the U.S. Global Change Research Program, says, “The assumption that current and future climate conditions will resemble the recent past is no longer valid.”