Equity Matters. Financing the International Environment Fund (I.E.F.) through G7 SDRs quotas

The impacts of ungoverned globalisation and Global Climate Change (GCC) represent a crucial modern-day matter of concern. Thus, there is a need for international instruments offering concrete solutions, especially in the most vulnerable contexts, and the International Environment Fund (I.E.F.) meets these requirements. This paper defines an alternative funding channel for the I.E.F., intended as a "compensation fund and regulator of environmental balance between nations", which can guarantee its operativity in the long term and which - potentially - provides greater financial availability. Following the 2021 IMF's large-scale General Allocation, an almost unrepeatable opportunity has arisen for financing the I.E.F. through portions of SDRs quotas belonging to countries in debt in environmental terms, guaranteeing respect for the principle of equity and international justice.