Green finance
The Belt and Road Initiative 2020 Survey – A more sustainable road to growth?
The third annual Belt and Road Initiative (BRI) survey reveals that central banks view BRI investment as sustainable compared with other forms of external debt, particularly given it is often proportionally less significant. Despite growing global trade…
Green finance needs better data, Visco says
Bank of Italy’s portfolio has improved since it began examining ESG scores, governor says
Finance firms must take further steps on climate change – Carney
BoE governor calls for broadening of climate effort, including push for better risk management
Global markets award: HSBC
The UK-headquartered bank is a leader in green finance and helped its clients navigate the low-rate environment over the past year
Governor of the year: Mark Carney
Carney has played a vital role in managing Brexit risks while driving efforts towards climate, payments and dollar funding reform
Green initiative: Network for Greening the Financial System
The voluntary body is driving efforts to tackle climate-related risks
Asset manager of the year: Amundi Asset Management
The French asset manager helped reserve managers meet ESG criteria while also boosting central bank assets under management
Lagarde promises wide-ranging review as ECB holds rates
ECB’s monetary policy review will look at green finance and engagement with citizens – Lagarde
Carney defends financial sector’s record on climate action
Finance ready to flow to green projects if politicians take lead, BoE governor says, but other speakers on WEF panel argue firms are not doing enough
Central banks must take lead on climate disclosures – PBoC’s Ma
Reserve managers’ stances send important signals to the financial community, says Ma Jun
UK government names Carney as green finance adviser
Departing BoE governor will advise UK prime minister at UN climate conference in November
Benoît Cœuré attacks lack of political will by eurozone leaders
European single market needs serious reform, says retiring ECB official
Lagarde promises wide-ranging review of ECB monetary policy
ECB to form digital currency task force as Lagarde calls for EU action on green finance
‘Green finance’ standards ineffective with smaller firms – BdF paper
Banks lend to smaller firms irrespective of their industries’ polluting records, researcher says
Will the ECB make climate change a policy goal?
Weidmann declared strong opposition to “green QE” as climate groups call on Lagarde to shift policy
US Democratic senators call for Fed to act on climate change
Fed has been “ignoring” financial risks of climate change, Democratic senator says
Riksbank sells Canadian and Australian bonds on climate risks
Swedish central bank based decision on high greenhouse gas emissions in Alberta, Queensland and Western Australia
Central banks face obstacles to going green – panellists
Immaturity of bond market makes it harder for central banks to tackle climate risk; panellists discuss whether mandates should change
US Democrats listen to Norges Bank deputy governor on climate change
Egil Matsen tells US Democratic senators that central banks must play major role in greening finance
NGFS publishes first green investment handbook for central banks
Handbook examines five strategies for green investment and identifies problems for central banks
BIS launches green bond fund for central banks
Institution aims to use fund’s clout to influence development of green investment standards
Carney calls for more nuanced approach to green metrics
Binary green-brown distinction is not enough to drive transition to low-carbon industry, BoE chief says
Five insights into China’s green finance transformation
China’s top-down, state-directed mechanism may be the most effective way to embed green finance in a timely manner, writes the PBoC’s Ma Jun
Mark Carney on joined-up policy-making, forward guidance and Brexit
BoE governor rules out negative rates and change to inflation targets, offers update on too-big-to-fail and use of CCyBs, highlights challenges of an asymmetric monetary system, hits out at cumbersome payments and warns Facebook’s libra cannot ‘learn as…