Africa losing up to 15% of GDP growth due to climate change
Africa losing up to 15% of GDP growth to climate change, drought contributing to global food price inflation, Bundesbank calls for urgent transition and more from this week in green central banking.
‘Fossilflation’ an opportunity to avoid disorderly transition, says NGFS
A new NGFS paper has argued that increased fossil energy prices is acting as an involuntary price on carbon, offering a “narrow but unique opportunity” to accelerate the transition to net zero.
Costs of extreme weather increasing, warns White House
A White House warning on the rising costs of extreme weather, the Fed plans a scenario analysis exercise, a discussion of targeted monetary policy and regulation, and more from this week in green central banking.
Civil society issues criteria for greening ECB corporate portfolio
As the ECB moves to decarbonise its corporate bond portfolio, 12 leading research and advocacy groups have issued a list of four key criteria they say are crucial to the robustness and credibility of the exercise.
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.
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