Weekly roundup: Green debt relief and why Basel must meet Paris
Debt relief for a green and inclusive recovery, China-EU green taxonomy, BIS deputy on green swans and more.
Banks see climate change as primary financial risk
Over 91% of Chief Risk Officers (CROs) at private banks view climate change as the top emerging risk over the next five years, finds a major survey of 88 financial institutions in 33 countries by EY and IIF.
Federal Reserve needs to step up to the plate on climate change
Global Economist Megan Greene’s opinion piece on what central banks need to do to tackle climate change, and how the Fed lags behind its global peers.
Central banks in Europe exposed to climate litigation on monetary policy
A new legal analysis commissioned by Greenpeace found that central banks in Europe, including the ECB, are exposed to potential litigation for failing to include climate criteria in their monetary policy decisions.
Weekly Roundup: BoE’s Bailey on climate action
Weekly Roundup: Financial Times reviews green central banking; BoE’s Bailey on need for central bank climate action; cost of climate procrastination; mandatory climate risk disclosure at COP26; Central Bank of Ireland promises climate action; Fed Governor is political on climate …
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