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A worker lifting a hollow metal pipe in a loft with insulating wool on the floor
News| September 18, 2023

A faster green transition period will also be cheaper, ECB finds

The ECB’s second climate stress test found that a faster transition towards a green economy would cost less than delaying the move. …
Three wodden tiles spell out ESG – environmental, social, governance – and sit perched on small stacks of coins against a green background
News| September 13, 2023

Will the anti-ESG movement hurt efforts to implement climate disclosures?

As climate change intensifies, questions linger over whether the anti-ESG movement in the US will have an influence on regulators considering disclosure rules. …
Fields in New Zealand which have turned brown in a drought
News| August 24, 2023

New Zealand central bank releases climate stress test scenario

The Reserve Bank of New Zealand’s climate stress test will assess five banks on their exposure using an extreme weather and high transition cost analysis.
Close-up of the US flag
News| August 22, 2023

US financial regulators have yet to implement climate risk rules, report finds

A report from Ceres found that while some progress has been made, all of the 10 US regulators analysed have yet to implement climate-risk rules.
A statue of a seated woman is perched on a ledge, with rounded windows to either side. The Hungarian flag flies to the left of the statue
News| August 8, 2023

MNB short-term climate stress test finds banks resilient

Climate stress test by Hungary’s central bank shows its financial institutions would be resilient in the event of a carbon price shock, with further green transition measures planned.
A person stands by a diamond-shaped array of solar panels, arranged vertically. They are cleaning the lowest panel with a cleaning device.
News| August 2, 2023

RBI deputy governor stresses need for supervisory frameworks to include climate risks

Rajeshwar Rao speech highlighted India’s work on a climate disclosure framework, stress tests and the importance of transparency and integrity in green finance.
Dan Sullivan speaking at a conference
News| May 23, 2023

Republican senators demand Fed curbs ‘climate activism’

Republican senators condemn the Federal Reserve’s climate stress tests as politically motivated, demanding that chairman Jerome Powell “reign in the Fed’s regional banks”.
A woman wearing a head scarf looks to her rights through a pair of binoculars
News| January 19, 2023

Fed scenario analysis, World Bank reform push and ECB deadline: 2023 in green central banking

The Fed’s inaugural climate scenario analysis exercise and an ECB deadline on banks’ management of climate risks are among the key milestones in green central banking in the year ahead.
Opinion
Two smiling people between them hold a small solar panel connected to a monitoring device
News| January 13, 2023

Heat on the horizon: how Asia’s financial regulators must rise to the climate challenge

Countries in the Asia Pacific region are highly vulnerable to climate change and central banks must do more to mitigate the physical and transition risks, say policy experts from WWF.
Weekly roundup
News| December 5, 2022

Drought poses increasing risk for Brazil’s financial system

A growing drought risk to Brazil’s financial stability, a climate skills deficit among central bankers, a new initiative on data gaps and more from this week in green central banking.
Opinion
A person looks down from a balcony at the flooded street below. The upper halves of two cars emerge from the light brown water
News| November 24, 2022

Green central banking goes mainstream, but words aren’t yet matched by actions

Many central banks now recognise they have a role to play in addressing the climate crisis. But so far concerns have not been followed by concerted action, says Nikki Eames of Positive Money UK. …

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