BdF releases a working paper on alternatives to perfect data, Indian banks are exposed to climate risks, the Fed announces a conference on climate change and macroeconomics, and more from this week in green central banking.
A confirmation vote on President Biden’s five Federal Reserve nominees has been delayed after Republicans chose not to participate.
Sarah Bloom Raskin has defended the role of the Fed in addressing climate risks within its mandate amid repeated Republican attacks over the issue.
This briefing assesses the Federal Reserves’s poor performance in adapting its operations to the accelerating climate emergency.
This study reviews 40 years of ‘Beige Book’ reporting from the 12 regional US Federal Reserve banks, focusing on their response to climate-related events and offering recommendations to address the growing climate threat to US financial and price stability.
This paper explores the extent to which long-term risks such as climate change are on the radar of central banks and financial supervisors.
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