New data shows that central banks and financial regulators are failing to address the risks posed by damage to the natural world. This can – and must – change, says WWF’s policy expert Maud Abdelli.
MEPs have adopted a resolution allowing the ECB to align its policies with EU objectives in addition to price stability. This is a golden opportunity to green monetary policy, says Adua Dalla Costa of Positive Money.
The collapse of the tech start-up bank has exposed cracks in the system which will only widen as the climate crisis unfolds, says Yevgeny Shrago of Public Citizen.
New data shows that central banks and financial regulators are failing to address the risks posed by damage to the natural world. This can – and must – change, says WWF’s policy expert Maud Abdelli.
MEPs have adopted a resolution allowing the ECB to align its policies with EU objectives in addition to price stability. This is a golden opportunity to green monetary policy, says Adua Dalla Costa of Positive Money.
Countries in Asia Pacific region can use micro and macroprudential policies to build resiliance to the effects of the climate crisis, according to policy experts from WWF. …
Rising interest rates threaten to stifle the move to a greener economy but targeted lending would allow the ECB to avoid this problem, say policy experts Paul Schreiber and Lukasz Krebel.
| Rank | Country | Aggregate Score (out of 130) | Grade (A+ to F) | Research and Advocacy (out of 10) | Monetary Policy (out of 50) | Financial Policy (out of 50) | Leading by Example (out of 20) |
|---|---|---|---|---|---|---|---|
| 20 |
 Saudi Arabia |
0 | F | 0 | 0 | 0 | 0 |
| 19 |
 Argentina |
6 | F | 6 | 0 | 0 | 0 |
Gaps in the understanding of climate risks create uncertainty over capital requirements and macroprudential policy. This Bank of England report states that firms and regulators must improve their climate risk management.
In this paper published by the European Central Bank, economists analyse the efficacy of green quantitative easing and find that it would be most effective for reducing emissions if used aggressively and immediately.
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