The proposed guidance from the South African Reserve Bank would require banks to integrate climate and litigation risk into their risk frameworks. …
Global heating and the natural interest rate, further calls for an RBA climate mandate, how the green transition may reduce inflation and more from this week in green central banking.
The South African Reserve Bank has instructed banks to enhance their resilience against climate risks, ahead of new regulatory guidance due to be published next year.
The South African Reserve Bank intends to incorporate climate-related risks into its regulatory and supervisory framework and develop monetary policy guidelines for responding to climate change, according to its latest annual report.
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