Why the Fed and ECB Parted Ways on Climate Change
According to this study, a supportive domestic environment enabled the European Central Bank to emerge as a leader in climate policy, while the Federal Reserve lags behind.
Carbon Default Swap
Researchers develop an innovative risk proxy that can be used to assess how carbon risk exposure influences firms’ creditworthiness on a granular level. The results show that carbon risk is a determinant of credit risk.
NGFS: Final Report on Bridging Data Gaps
This final report from the NGFS’s workstream on data gaps reviews climate-related data availability, introduces a new directory of data sources and calls for consistent and comparable global disclosure standards and green taxonomies.
The Problem Lies in the Net
Carbon intensity, offsets, and uninvented capture technology dilute the meaning of net zero and must be eliminated from mitigation efforts to avoid greenwashing, argues this comprehensive report from Finance Watch.
Climate-related financial policy index
This comprehensive study examines the climate-related financial policies of 74 countries between 2000 and 2020 to create an index ranking each country across five green policy areas.
The Double Materiality of Climate Physical and Transition Risks in the Euro Area
This ECB working paper examines how bank climate risk assessments and company carbon pricing expectations affect investment decisions, the economy and climate mitigation trajectories.
Climate Roadmap: Now What?
This policy document from 17 major civil society groups outlines four core principles and five key recommendations on how the ECB can accelerate its climate action and reduce fossil fuel inflation.
Realising Central Banks’ Climate Ambitions Through Financial Stability Mandates
Effective green central banking governance should be based on a synthesis between monetary and macroprudential policymaking, finds this study of G20 climate-related policies and mandates.
Assessing Financial Risks from Physical Climate Shocks : A Framework for Scenario Generation
Scenarios developed to assess the financial risks from physical climatic events do not fully capture such shocks, finds this World Bank paper from three distinguished sustainable finance academics.
You have seen 11 of 25