The FCA released its labelling and anti-greenwashing rules aimed at making green investments more transparent.
The ECB should consider climate risk to better align its balance sheet with the EU, ECB board member Frank Elderson said. …
Climate scenarios used by the financial sector fail to take into account recent setbacks from geopolitical events, the International Monetary Fund has said.
A disorderly transition would be 50% more expensive for banks and insurers than a smooth transition, a study from the Monetary Authority of Singapore has found.
The Basel Committee is seeking feedback on climate disclosure rules for banks, which would include scope 1, 2 and 3 emissions. …
The lack of climate change as a priority in the annual remit letter to the BoE has caused concern that green finance may no longer be a key focus of the Treasury. …
California’s climate disclosure laws make the SEC’s rules even more vital for US companies, argues climate policy researcher Sadie Frank.
Climate change will have an economic impact on countries, likely increasing inflation, and central bankers should be prepared, Bank of England policymaker Catherine Mann has said.
An NGO coalition has found that the SNB invests billions into oil and gas fracking companies despite half of Swiss cantons opposing fracking.
Climate finance is set to be one of the key focuses of Cop28, with questions over who will contribute to the loss and damage fund.
Eligible projects in Japan’s green transition bond will include controversial technologies like carbon capture, green hydrogen and ammonia.
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