News - Green Central Banking

News | September 9, 2026

ECB accused of fuelling biodiversity loss through fossil fuel finance

The ECB is indirectly supporting fossil fuel companies operating in critical biodiversity areas, despite growing focus on nature-related financial risks.

Hungary's parliament building in Budapest

News | August 27, 2026

Adaptation capacity and short maturity protect Hungary’s foreign exchange reserves

The central bank’s climate disclosures show that although countries’ trajectories are unaligned with the Paris Climate Agreement, its reserves are largely protected against the financial impacts of climate change.

News | August 6, 2026

EU’s carbon levy impact on Asia might be less severe than feared, new analysis finds

China, India and South Korea could see the biggest cost drops from the EU’s Carbon Border Adjustment Mechanism due to the bloc’s rising steel prices …

Christine Lagarde speaking at a lecturn, gesturing with her hands

News | June 17, 2026

ECB on track to meet emissions targets as it increases green bonds in portfolio

ECB president Christine Lagarde sees Middle East war and oil shock accelerating green transition …

News | June 9, 2026

Fossil fuel financing by big banks jumped 8% in 2025, analysis finds

More than a third of banks, particularly in Europe, cut fossil fuel financing due to regulation.

Plastic bottles with red tops, neatly ordered into rows.

News | April 24, 2026

ESG funds include petrochemical companies, report finds

Global banks have invested US$133bn into US petrochemical expansion, even as the industry is linked to climate change.

News | October 2, 2025

Climate risk buffer needed to mitigate banks’ climate change losses, says nonprofit

It’s been 10 years since Canadian prime minister Mark Carney made his landmark speech on the tragedy of the horizons when he was governor of the Bank of England. Despite increased information and awareness, financial markets have not effectively priced …

Flags outside the New York Stock Exchange

News | September 8, 2025

NZBA pauses activities to assess next steps

The NZBA is asking remaining members whether it should become an advisory group. But will it be active or fall to the wayside?

Roundup

News | October 16, 2024

Roundup: Financed emissions “a priority metric” in Kenya’s new disclosure framework

Kenya consults on new disclosure framework, banks warned of major legal risks tied to East African oil pipeline, Wall Street widely underestimates adaptation risk, all this and more in this week’s roundup. …

Opinion

Workers coating Banister Pipeline, Alberta, Canada, applying epoxy coating with rollers

News | October 8, 2024

‘Greenlaundering’: an explosive risk for central banks

Secretive tax havens allow fossil fuel financing to be hidden so bank exposures are unreported, says Franziska Mager of the Tax Justice Network.

Ajay Banga speaking on a panel at the World Economic Forum

News | June 21, 2024

How has Ajay Banga fared on climate during first year as World Bank president?

Ajay Banga became World Bank president over a year ago with promises to focus on climate, but some critics say it has been mostly talk and very little action.