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Could the ECB executive board reshuffle shift how it thinks about climate?
The European Central Bank executive board is facing a reshuffle in the next few years, with most of its members being replaced. While experts don’t expect the central bank to reverse its approach to climate, the opaque nomination process makes …
Canadian banks need to manage long-term risk, stress test finds
Canadian financial institutions must do more to measure and manage climate risk to protect financial stability, the country’s financial regulators said after they conducted a climate scenario exercise to assess the resilience of the financial sector. The examination of more …
Navigating the complexities of climate-related financial supervision in Asia Pacific
Across the Asia Pacific region, there has been progress in aligning policies with global climate targets although gaps remain in monetary policy, supervision and elsewhere, says a team of sustainable finance experts from WWF.
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