The US Senate banking committee chair on Fed confirmations, climate risks to asset backed securities, the huge carbon footprint of bitcoin transactions and other news from this week in green central banking.
Lael Brainard has told the Senate banking committee that she does not expect the Fed to cut off financing to the fossil fuel industry.
Sarah Bloom Raskin, a supporter of concerted action to address climate-related financial risks, has been nominated as the new vice chair for supervision at the Federal Reserve.
This briefing assesses the Federal Reserves’s poor performance in adapting its operations to the accelerating climate emergency.
This paper explores the extent to which long-term risks such as climate change are on the radar of central banks and financial supervisors.
This study ranks and scores the responses of G20 central banks and financial supervisors to the climate crisis.
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