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Green central banking goes mainstream, but words aren’t yet matched by actions
Many central banks now recognise they have a role to play in addressing the climate crisis. But so far concerns have not been followed by concerted action, says Nikki Eames of Positive Money UK. …
New York Fed report recommends lower rates for energy efficiency
The New York Fed on funding energy efficiency renovations, the BdF’s deputy governor on tipping points and transformative change, a prototype BIS green bond platform, and more from this week in green central banking.
Costs of extreme weather increasing, warns White House
A White House warning on the rising costs of extreme weather, the Fed plans a scenario analysis exercise, a discussion of targeted monetary policy and regulation, and more from this week in green central banking.
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