Asean central banks call for joint action on climate risk

Asean policy-makers have work to do if they are to catch up with climate leaders, report says

Wind turbines

Central banks and monetary authorities in South-east Asia should stand in solidarity to mitigate climate change, a new report urges.

Countries in the region face economic losses from global warming of up to 8.5% of per capita GDP by 2100, it warns.

Governors of the Association of Southeast Asian Nations (Asean) central banks and monetary authorities unanimously agreed that the region should come together to take action against climate and environmental risks, according to the joint report

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