The climate crisis and global stagflation, gender diversity’s effect on emissions, TNFD developments, the Bank of Japan’s green lending facility and more from this week in green central banking.
A new study reveals that the responsible investment policies of most G20 central banks are either non-existent, opaque or failing to consider environmental impacts.
An ECB assessment of the climate and environmental risk management of major European banks has found that none are close to meeting supervisory expectations and only a third have adequate plans to do so.
The ECB’s climate roadmap as currently drafted is “too slow, too vague and too narrow in scope”, according to a letter from environmental law charity ClientEarth.
ECB economists find evidence of climatic effects on price stability, US regulators begin to face climate risk, Biden’s nomination for Fed chair and more from this week in green central banking.
The ECB’s latest financial stability review expresses concern at financial greenwash, calling for enhanced standards and a stronger regulator framework to ensure the long term resilience of the European financial system.
The PBoC has launched a targeted green lending programme to offer low interest loans to financial institutions that help firms cut carbon emissions. The carbon emission reduction facility will cover 60% of eligible loan principals at a one-year lending rate …
A week dominated by Cop26 began with international climate protests focusing on central banks and ended with commitments from around the world to integrate climate considerations into monetary and financial decision-making.
NGFS chair Frank Elderson announces further work on monetary policy analysis, PBoC’s Yi Gang reveals new monetary policy analysis, plus more from the Cop26 finance day.
UK chancellor Rishi Sunak says most big firms will be required to publish net-zero transition plans, but experts warn that robust regulation is also required to ensure the plans are credible.
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.
You have seen 11 of 91
By submitting my information I agree to the Privacy Policy and Terms of Service. Any questions? info@greencentralbanking.com
You have now been signed up to our newsletter with the email address provided:
Trending…
