Graham Caswell

Fridays For Future campaigners are calling on MEPs to support a one-for-one capital requirement, forcing banks to fund new fossil fuel projects from their own resources.

Following other financial regulators, the Federal Reserve has released draft principles to guide large US banks in managing their climate-related financial risks.

A growing drought risk to Brazil’s financial stability, a climate skills deficit among central bankers, a new initiative on data gaps and more from this week in green central banking.

Supply disruptions as a result of climate change could contribute to price instability, Federal Reserve vice chair Lael Brainard has told the Bank for International Settlements’ annual conference.

New legislation will require Swiss banks, insurers and large public companies to publish climate-related financial disclosures and transition plans by 2024.

A review of climate-related financial disclosures has found that all lack decision-useful data across the TCFD recommendations and none are aligned with Paris Agreement targets.

Global heating and the natural interest rate, further calls for an RBA climate mandate, how the green transition may reduce inflation and more from this week in green central banking.

Work to green the ECB’s monetary policy has put Eurosystem central banks at the top of the 2022 Green Central Banking Scorecard as China, the Us, Brazil and India all fall in the rankings.

A UN panel has called for international regulation of net-zero pledges and transition plans to reduce greenwashing and ensure market fairness.

A joint report from the FSB and NGFS has warned that current climate scenario analysis exercises “may understate” climate exposure by failing to account for second-round effects, non-linearities and other large sources of climate risk.

A TNFD nature-related scenario analysis proposal, an IMF warning to Caribbean central banks, new ISSB climate disclosure rules, a BoE protest and more from this week in green central banking.