Weekly roundup: BdF on data gaps and Fed announces climate conference
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.
Weekly roundup: BoE climate stress tests and Bank of Russia climate conference
The inflation threat from a disorderly transition, Bank of England bank stress tests, a new Bank of Italy climate hub, a Bank of Russia climate conference and more from this week in green central banking.
New leadership team appointed at NGFS
The NGFS has appointed MAS managing director Ravi Menon as its new chair and Bundesbank executive board member Sabine Mauderer as vice chair, while adding Banca d’Italia and Banco Central do Brasil to its steering committee.
Cop26: central banks have overlooked nature risks says Elderson
NGFS chair and ECB board member Frank Elderson explained that while policymakers have made substantial progress in developing climate-related tools, nature risks have not yet received the same attention.
Central banks discuss macrofinancial impacts of climate change
A joint Bank of Italy and Bank of England research conference on the macrofinancial impacts of climate change has concluded with a call by BoI governor Ignazio Visco for international collaboration in the runup to Cop26.
Weekly roundup: ‘Green Flamingos’ and Danmarks Nationalbank on climate price stability
Danish central bank on climate and price stability, new EU climate reporting standards, the ‘Green Flamingo’ of emerging markets and how Latin American central banks failing on climate change. This and more from this week in green central banking…
Report finds central banks failing on climate action
A study assessing twelve of the world’s largest central banks against ten climate-related policy criteria has found all failing to align their lending, asset purchases and regulatory activities with the Paris Agreement target.
Weekly roundup: Coming US disclosure rules and a new UNFCCC finance pathway
In green central banking this week: mandatory US climate disclosure rules by year end, Banxico’s Governor on climate risk, a new global green finance pathway from the UNFCCC, a plea for empathy for central bankers and more…
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