US supreme court ruling prompts fears over SEC climate disclosures
US Supreme Court ruling prompts fears over SEC climate disclosures, Riksbank calls for ban on cryptocurrency “proof of work”, and more from this week in green central banking.
Green prudential regulation: a comparison tool for risk-weighted assessments
How can risk-weighted assessments be designed to include climate and environmental factors? Economists Lorenzo Esposito, Giuseppe Mastromatteo and Andrea Molocchi propose 10 principles for effective green prudential regulation.
SEC disclosure proposals pit US banks against investors
US Securities and Exchange Commission proposals for mandatory climate-related financial disclosures have met strong opposition from the American banking industry, contrasting starkly with the support the draft rules have received from investors.
Banker’s comments show we can’t rely on them to respond to the climate crisis
When HSBC’s responsible investment head asked who cares if Miami is underwater in 100 years, he revealed what global banks really think about the climate crisis, argues Lukasz Krebel of the New Economics Foundation.
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.
Weekly roundup: Three reasons to support double materiality
Three reasons to support double materiality from BdF staff, Eurosystem work to improve climate modelling, a call for regional Federal Reserve banks to act on climate, and more from this week in green central banking. BdF staff outline three reasons …
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.
You have seen 11 of 269