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.
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.
The fallout from Russia’s invasion of Ukraine may put the world in a disorderly climate transition scenario, the chair of the NGFS has said.
An ECB paper on green quantitative easing, the Bundesbank’s first climate-related disclosure, a warning that higher rates won’t solve fossil fuel inflation and more from this week in green central banking.
A new report from the ECB and ESRB finds that climate-related shocks could be amplified by complex interdependencies, spreading quickly through the European financial system, affecting households, companies and banks.
The Reserve Bank of India has released a discussion paper outlining its approach to managing the climate risks faced by Indian financial institutions, the first major climate-related policy document it has published.
Civil society express deep concerns about Yellen’s comments on the FSOC, India’s banks lags behind on climate risk, and more from this week in green central banking.
The NGFS has created a new directory of climate-related information needs and sources aimed at facilitating disclosures and risk mitigation, as well as filling regulator and financial sector data gaps.
The European Securities and Markets Authority calls for double materiality in global sustainability standards, a progress report from the Financial Stability Board, sustainability guidance from the Philippines central bank and more from this week in green central banking.
The Malaysian central bank has launched a public consultation on a proposed climate risk stress testing exercise of the country’s banks and insurers to take place in 2024.
Regulators should be mindful of the limitations of the European Central Bank’s climate stress test and beware of a too-big-to-fail scenario once climate risks start materialising, argues Julia Symon of Finance Watch.
You have seen 11 of 53
By submitting my information I agree to the Privacy Policy and Terms of Service. Any questions? [email protected]
You have now been signed up to our newsletter with the email address provided:
Trending…
