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Flood warning sign surrounded by water
November 4, 2021

Central banks must go beyond climate risk lens and support transition

The quest for ever-more data must not delay action to address climate risks, says economist Danae Kyriakopoulou, because the risk of doing too little far outweighs the risk of doing too much.
Wind turbines in Romania
October 29, 2021

Weekly roundup: climate protests and a new Korean green lending programme

A Nordic perspective on climate and central banking, a new targeted green lending programme from the Bank of Korea, coordinated climate protests at the Fed, ECB, Bank of England and Bundesbank and more from this week in green central banking.
Bank of Korea, Banco de España, Norges Bank, Bank of England, Bundesbank, European Central Bank, Federal Reserve
The European Central Bank in Frankfurt
September 21, 2021

New ECB climate and monetary policy analysis released

The ECB has published a substantive review and analysis of climate change and monetary policy in the euro area, identifying potential problems with monetary policy transmission as a result of climate-related impacts.
European Central Bank
ECB's Isabel Schnabel on climate change and monetary policy
September 3, 2021

Weekly roundup: South Korean oil & gas financing and the financialisation of food

Banque de France on biodiversity risks, the ECB’s Schnabel on climate change and monetary policy, a new report on South Korean oil & gas financing, a climate assessment of Australian banks, the financialisation of food and more in this week’s …
International Monetary Fund, Bank of England, Banque de France, European Central Bank
Climate monetary policy tracker
September 2, 2021

New tool tracks monetary and financial climate policy

A new interactive tool tracking climate-related monetary and financial policies in 30 countries has been launched by the E-axes Forum, an independent research organization focusing on macroeconomic policies and sustainability. A second tool tracks emerging academic literature in climate economics …
Jackson Hole climate
August 24, 2021

Report finds central banks failing on climate action

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.
Bank of Italy, Bank of Russia, Reserve Bank of India, Bank of Canada, Bank of England, Bank of Japan, Banque de France, Bundesbank, European Central Bank, Federal Reserve, People's Bank of China, Swiss National Bank
Flooding
July 30, 2021

Weekly roundup: Coming US disclosure rules and a new UNFCCC finance pathway

In green central banking this week: mandatory US climate disclosure rules by year end, Banxico’s Governor on climate risk, a new global green finance pathway from the UNFCCC, a plea for empathy for central bankers and more…
Central Bank of Egypt, Bank of Italy, Banco de Mexico, European Central Bank
A tree seen from below
July 23, 2021

Weekly roundup: new DNB green policies and central bank independence

Also disclosure recommendations from the Bank of Russia and questions over the appointment of a new Fed chair.
Bank of Russia, Bank of Japan, De Nederlandsche Bank, European Central Bank, Federal Reserve
An view from orbit of snow-covered mountains and clouds
July 14, 2021

Survey shows growing central bank support for climate action

A major survey of central banks has found rapidly growing support for action on climate change, with most respondents saying climate mitigation falls within central bank mandates. 
European Central Bank

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