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Weekly roundup
Bank of Japan, Osaka
September 2, 2022

BoJ releases results of climate scenario analysis

The BoJ releases climate scenario analysis results, CEBRA focuses on the green transition, how the ECB’s climate strategy increased green bond issuance, new E-axes policy briefs and more from this week in green central banking.
Japanese Financial Services Agency (FSA), Federal Deposit Insurance Corporation, Office of the Comptroller of the Currency, Network for Greening the Financial System, Bank of International Settlements, Bank of England, Bank of Japan, European Central Bank, Federal Reserve
Weekly roundup
Worker installing solar panels
August 23, 2022

Climate risk impacts on sovereign bonds may be ‘sizeable’

The transition impact on sovereign bonds, the BdF reviews scenario analysis, GOP opposition to SEC disclosure proposals, the Jackson Hole Economic Symposium and more from this week in green central banking.
A skyscraper with the HSBC logo at the top
August 18, 2022

Study quantifies climate opportunities for UK banks

A new BoE staff study has found that 10% of UK bank assets are either directly or indirectly exposed to the transition to net zero, with some likely to benefit from the switch to renewable energy.
Bank of England
The Absa logo on a glass-fronted building
August 11, 2022

Sarb tells banks to step up climate action

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.
South African Reserve Bank, Bank of Mauritius, Central Bank of Kenya
Looking up at a white wind turbine from near the base, against a brilliantly blue sky
August 9, 2022

Academics make case for green credit guidance

A new paper argues that financial authorities should deploy incentives and targets to align financial flows with governments’ decarbonisation plans.
Bank of England, People's Bank of China
Flooding in Clausen, Luxembourg during July 2021
July 28, 2022

Macroprudential tools could limit spread of climate shocks, says ECB

Climate risk shocks could rapidly spread throughout the eurozone financial system unless macroprudential tools are mobilised in response, according to a new ECB paper.
European Central Bank
Weekly roundup
Road sign surrounded by flood waters
June 24, 2022

IMF staff warn of ‘climate Minsky moment’

IMF staff warn of a “climate Minsky moment”, Elderson expects banks to meet climate expectations by 2025, a new biodiversity standard is launched and more from this week in green central banking.
Opinion
June 20, 2022

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.
Basel Committee on Banking Supervision
BIS building in Basel
June 15, 2022

Basel Committee releases climate risk principles

The influential Basel Committee on Banking Supervision have published their finalised set of principles for managing and supervising climate-related financial risks, their first explicit climate-related guidance.
Basel Committee on Banking Supervision, Bank of International Settlements
June 8, 2022

Include climate risk in 2022 bank exams, OCC urged

US regulators should include climate risk in their bank examinations without delay, two leading think tanks have said. …
Federal Deposit Insurance Corporation, Office of the Comptroller of the Currency, Federal Reserve
Weekly roundup
Firefighters at a bushfire near Aberdare, Wales in 2013
June 2, 2022

Call for central banks to use own climate risk ratings

A Reserve Bank of New Zealand consultation on climate and monetary policy, a call for central banks to use their own climate credit ratings, a Fed review of central bank climate communications and more from this week in green central …
Central Bank of Samoa, Office of the Superintendent of Financial Institutions (OSFI), Network for Greening the Financial System, Monetary Authority of Singapore, Te Pūtea Matua / Reserve Bank of New Zealand, International Monetary Fund, Bank Negara Malaysia, Banque de France, Bundesbank, European Central Bank, Federal Reserve

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