Supervision

Strong oversight and real sanctions are needed to avoid derailing the transition and keep the market fair and reliable, says Axelle Van Wynsberghe of Finance Watch.

Tension is growing in the US financial system between increasing climate impacts and declining focus on addressing those impacts, says former Fed governor Kevin Stiroh.

Huge uncertainty over how environmental changes will affect financial stability means a new approach is needed to guard against crisis, says Sunil Sharma.

India’s net-zero transition must be designed so people and communities are not left behind, say policy experts Gaurav Upadhyay and Sangeeth Selvaraju.

Financial transaction layers can hide emissions that should be disclosed so the Basel Committee should insist on full transparency, says James Vaccaro of the Climate Safe Lending Network.

In the wake of the Silicon Valley Bank collapse, the Fed has said a precautionary approach towards risk is needed. Will this be applied to climate-related risk, ask Anne Perrault and David Arkush of Public Citizen.

Current Fed Chair Jerome Powell has taken little to no action on climate change and the next Fed chair should adopt a dramatically different and proactive approach to eliminating climate risk from the US financial system, write David Arkush and …