News - Green Central Banking

News | September 8, 2026

“Supersized” El Ninõ puts Southeast Asia’s renewables transition to the test

A powerful El Niño could expose Southeast Asia’s hydropower dependence, raising pressure for more storage, renewables and flexible power.

News | August 21, 2026

Extreme warming to hit thermal and nuclear plants harder than renewables in Southeast Asia: report

Solar and wind output is set to fall by under 1% by 2030, even in extreme scenarios, versus up to 4% for thermal and nuclear plants, finds Ember.

News | July 24, 2026

Singapore’s central bank conducts first scenario analysis on physical climate risks

Singapore’s central bank will work with the IMF to assess the financial sector’s exposure to more frequent and severe extreme weather events in the year ahead.

The UK's union flag flying on a flag pole against a blue sky.

News | July 8, 2026

UK economy faces losses of 10% of GDP by 2100 if warming reaches 4°C, study finds

The UK economy could decline drastically if global warming continues to increase

News | July 3, 2026

UK financial stability under risk from climate change, says Bank of England

Financial firms need to do more to price and manage climate risks, BoE says

Indranee Rajah speaking at a conference podium.

News | March 24, 2026

Mounting climate and physical risks threaten economic foundation, says Singapore minister

As Singapore unveils its first climate adaptation plan, scientists warn against the limits of shock adaptation as the world nears tipping points.

Roundup

Wind turbine propellers suspended from a crane as they are manouvered into position on the turbine shaft

News | January 28, 2026

Roundup: NGFS releases new green monetary policy toolkit

As evidence emerges that the European Central Bank (ECB) has substantially underestimated the cost of physical climate risks, a new report from the Network for Greening the Financial System (NGFS) unpacks various green monetary policy options available to central banks. …

Opinion

A flooded street, the waters reaching nearly to the top of a street sign

News | January 15, 2026

The evolving view of climate-related financial risks in the US financial sector

Tension is growing in the US financial system between increasing climate impacts and declining focus on addressing those impacts, says former Fed governor Kevin Stiroh.

Interview

News | August 5, 2025

Australia’s insurance gap is a risk to financial system, says actuary

Insurance in Australia is becoming increasingly unaffordable, which could affect the wider economy as climate change worsens, an Australian actuary told Green Central Banking. Roughly 3% of bank loan assets are likely to have unaffordable insurance, according to research from …

The person who took this photo is looking down at their own feet, standing on bare earth which is deeply cracked as a result of drought. Green rice shoots sprout from each section of cracked earth.

News | May 15, 2025

NGFS scenarios foresee climate hit to global growth before 2030

Bigger losses seen with physical risks but inflation is important factor in transition risk, says NGFS scenarios workstream lead.

Opinion

A number of wind turbine blades lie horizontally on the deck of a large ship. On the dockside, a blade is being positioned by a crane on to a flatbed lorry.

News | May 14, 2025

Simplistic NGFS climate scenarios are stuck in ‘model land’

New short-term climate scenarios ignore innate economic and financial volatility, and understate transition risks, says economic consultant Mark Cliffe.