Weak data on sustainable assets threatens financial stability – Sarb

Climate change: Where can central banks contribute?

South Africa’s financial stability could be threatened by the lack of a widely-used, standardised index for classifying the environmental sustainability of assets, its central bank has warned.

In its latest financial stability report, published November 2019, the South African Reserve Bank said disclosures relating to an institution’s exposures to non-sustainable sectors and the associated financial risk are currently performed on a “voluntary basis”.

Industries remain vulnerable to financial

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