Disclosures and taxonomies vital for climate risk understanding – RBNZ official
Central banks need increased disclosures and better taxonomies to ensure their frameworks are fit to address climate risks, a senior official at the Reserve Bank of New Zealand said on July 30.
In an op-ed, RBNZ assistant governor Simone Robbers noted climate risks were “difficult to identify, price, allocate and manage with accuracy”.
“We need new tools, like increased disclosures and better taxonomies, to give us accurate information and frameworks for action,” she said.
New Zealand was one
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe
You are currently unable to print this content. Please contact info@centralbanking.com to find out more.
You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@centralbanking.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@centralbanking.com