Mandatory climate disclosures needed now – senior central bankers

Greening monetary policy operations should also be a priority, policy-makers say

François Villeroy de Galhau

Central banks should mandate climate disclosure requirements in order to help the financial system transition to a net zero economy, according to senior policy-makers.

Speaking at the Bank for International Settlements’ Green Swan event today (June 2), François Villeroy de Galhau, governor of the Banque de France, said disclosures and stress tests would be essential.

“Disclosures will help financial markets to appropriately price climate related risks and ensure sufficient allocation of

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