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.
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.
A major study by Positive Money and Green Central Banking reveals that G20 central bankers and financial supervisors remain stuck in data-gathering exercises and are failing to meaningfully respond to the climate and ecological crisis.
Brazil’s banks told to begin climate stress tests, adverse weather a factor in Mexico monetary policy and more from this week in green central banking.
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.
The Reserve Bank of India (RBI) has joined a group of central banks and financial supervisors working to improve the green credentials of the sector. By adding its name to the Network for Greening the Financial System (NGFS), the RBI …
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