Advocates from Campax protested in front of the Swiss National Bank to demand an end to its investments in fossil fuel companies.
New legislation will require Swiss banks, insurers and large public companies to publish climate-related financial disclosures and transition plans by 2024.
The Swiss Federal Council has adopted a report saying the SNB has a limited role in supporting environmental action, drawing criticism from civil society groups.
The Monetary Authority of Singapore has announced a plan to decarbonise its US$300bn reserve fund, amid increasing global interest in the climate impact of central banks’ forex portfolios.
The Swiss National Bank has come under further pressure to take climate action after one of its largest shareholders passed a motion calling on the bank to align its policies with the Paris Agreement. …
Climate activists protested outside the Swiss National Bank’s AGM last week, highlighting the central bank’s substantial funding of fossil fuels and calling for climate-related disclosures and transition plans.
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.
Thousands of Fridays for Future and other activists protested in Frankfurt on Friday demanding an immediate end to the financing of fossil fuels by the ECB and commercial banks.
A crowd of 1,500 climate activists gathered outside the Swiss National Bank (SNB) on Friday to demand an immediate end to the central bank’s support for fossil fuel companies and activities. The portfolios of the SNB and the Swiss banking …
Zurich police detained climate activists from outside the Credit Suisse headquarters and several UBS bank buildings yesterday following a seven hour protest of the climate-damaging investments of Swiss financial institutions. Around 70 activists were taken into custody, said organising group …
ECB general agreement on a climate roadmap, SNB’s “moderate” climate-related risk, and the BIS Bitcoin proposal as a model for fossil fuels, and more.
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