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A person standing on a sloping tiled roof, holding a solar panel
News| March 15, 2023

UK must develop ‘gold standard’ taxonomy to attract green finance, say government advisers

The UK could be a leader in green taxonomy and provide a template for other countries to follow, according to a group of experts advising the government.
Opinion
Smoke pours from a slender an industrial red and white chimney stack against a deep blue sky
News| October 5, 2022

Pricing ‘always harmful’ activities soothes inflation and safeguards financial stability

Defining which economic activities always have negative environmental impacts will highlight areas of greatest financial risk, say backers of a new climate roadmap.
Weekly roundup
Dead fish in the dry bottom of a river
News| August 29, 2022

Climate change has clear impact on inflation, says Lagarde

The ECB’s Lagarde on climate change and inflation, a climate warning from the NGFS chair, new disclosure rules from the Bank of Thailand, a Green Swan compilation and more from this week in green central banking.
Floodwaters surrounded a house and car in New South Wales, Australia
News| August 25, 2022

Banks unprepared for climate risk to mortgages, warns RBA

A top official at the Reserve Bank of Australia has warned that banks are unprepared for the climate risk facing the mortgage sector.
Weekly roundup
A sign pinned to a white wall with a narrow window to the right and a flowering bush in the foreground. The sign reads 'drinking water' in Arabic and English with a red arrow pointing left.
News| August 5, 2022

Transition requires ‘massive’ change, warns Omani central bank

Central Bank of Oman warns of extreme weather and water shortages, Bank Al-Maghrib calls for climate “paradigm shift”, the ECB releases its annual environmental statement and more from this week in green central banking.
Weekly roundup
Coal-fired power station
News| April 29, 2022

Weekly roundup: ECB paper warns of carbon price risk

The ECB on carbon price risk, a new UK transition plan taskforce, calls for a precautionary approach to address radical uncertainty and more from this week in green central banking.
Weekly roundup
A magnifying glass held over a spread of Canadian dollar notes of varying denominations
News| April 14, 2022

Weekly roundup: mandatory climate disclosures and new green taxonomy

Canada’s mandatory climate disclosures for banks and insurers, Colombia’s new green taxonomy, Malaysia’s financial exposure to nature-related risk, and more from this week in green central banking.
News| December 22, 2021

2021: plenty of climate talks, but little practical progress

As the climate and ecological crises continue to accelerate, central banks have made slow progress in addressing their role as calls grow to stop the funding of the destruction of the natural world.
Opinion
Flood warning sign surrounded by water
News| November 4, 2021

Central banks must go beyond climate risk lens and support transition

The quest for ever-more data must not delay action to address climate risks, says economist Danae Kyriakopoulou, because the risk of doing too little far outweighs the risk of doing too much.
The European Central Bank in Frankfurt
News| September 21, 2021

New ECB climate and monetary policy analysis released

The ECB has published a substantive review and analysis of climate change and monetary policy in the euro area, identifying potential problems with monetary policy transmission as a result of climate-related impacts.
NASA visualisation of climate change
News| September 10, 2021

Weekly roundup: ‘Green Flamingos’ and Danmarks Nationalbank on climate price stability

Danish central bank on climate and price stability, new EU climate reporting standards, the ‘Green Flamingo’ of emerging markets and how Latin American central banks failing on climate change. This and more from this week in green central banking…

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