"IMF Urges Increased Support for Africa's Climate, Debt, and Food Challenges"

African finance ministers have called for more help from international institutions and wealthy nations to cope with the triple shock of rising debt burdens, an ongoing food crisis, and climate change fallout. The continent was already struggling with extreme weather events, including drought, flooding, and cyclones, aggravated by climate change. The IMF created the Resilience and Sustainability Trust (RST) last year to help channel excess IMF Special Drawing Rights reserves from wealthier countries to poor and vulnerable middle-income nations. The African finance ministers urged wealthy countries to step forward to honor their pledges to fund the trust.