Everyone is committing to net zero, but what does it actually mean? And what needs to be considered when overseeing transition plans?
Turkish economist, Erinç Yeldan, discusses how the climate crisis requires a climate-active central bank in Turkey. …
Advocates note “the window for reallocating capital in line with a 1.5ºC transition is narrow, and current action is falling short”.
The UK government’s energy plan lacks the additional funding that climate advocates claim is needed to maintain its status as a global climate leader. …
The BIS on sovereign green bonds, the ECB on climate fiscal policies, a conference on greening monetary policy in times of soaring inflation and more from this week in green central banking.
The ECB has published a call for papers on fiscal policy and climate change in advance of a workshop later this year.
More than 270 academics and civil society groups have backed a manifesto calling for a climate-friendly overhaul of the EU’s fiscal rules.
As the climate and ecological crises continue to accelerate, central banks have made slow progress in addressing their role as calls grow to stop the funding of the destruction of the natural world.
The ECB has said the fiscal rules of the European Union should be adjusted to support greater investment in the green transition. …
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