Centralised climate change teams crucial, central bankers say

As COP26 begins, central banks are focusing on improving governance of their climate actions

Green data

It is becoming increasingly important for central banks to create internal hubs to govern cross-cutting issues relating to climate change, central bankers say.

Green steering committees, climate change centres and climate hubs are becoming more common across central banks. Climate issues cut across traditional central bank functions, and the need for co-ordination is growing, panellists said at Central Banking’s autumn meetings on October 27.

The officials spoke as world leaders prepared to

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