Weekly roundup: Fed planning climate stress tests and Carney under fire
Fed’s Brainard says climate stress tests on the way for US banks, Carney under fire over COP26 ‘greenwashing’, G20 central banks urged to green refinancing operations and more from this week in green central banking.
US civil society groups add to calls for new Fed Chair
Civil society groups from 32 organisations have sent an open letter to US President Joe Biden asking him to replace Jerome Powell as US Federal Reserve Chair due to his weak leadership on addressing climate change and its effects on …
How Green Is the Fed?
This briefing assesses the Federal Reserves’s poor performance in adapting its operations to the accelerating climate emergency.
Financial Supervision Beyond the Business Cycle
This paper explores the extent to which long-term risks such as climate change are on the radar of central banks and financial supervisors.