Transition requires ‘massive’ change, warns Omani central bank
Central Bank of Oman warns of extreme weather and water shortages, Bank Al-Maghrib calls for climate “paradigm shift”, the ECB releases its annual environmental statement and more from this week in green central banking.
Basel principles-based approach not sufficient to address climate-related risks
The high-level principle-based approach adopted by the Basel Committee fails to take into account the specific features of climate-related financial risks, argues Julia Symon of Finance Watch.
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