Climate change
UK lenders do little to account for extreme weather risks – BoE paper
Banks barely adjusted mortgages in the wake of severe flooding in 2013–14, authors find
FCA consults on new climate risk disclosures
Firms will have to publish disclosures or explain why not
Book notes: The art of economic catch-up, by Keun Lee
Rather than merely catch-up, book offers countries advice in making sea change in economic statuses
Inflation targets back in the spotlight
Monetary policy can do little to offset impact of Covid-19
Finance firms must take further steps on climate change – Carney
BoE governor calls for broadening of climate effort, including push for better risk management
ECB unveils plan for its strategy review
Eurosystem will host “listening” events with general public, academia and civil society organisations
Climate-related disclosures should be mandatory – RBNZ official
Assistant governor says firms should not be allowed to “cherry pick” what disclosures they make
Interview: Luiz Awazu Pereira da Silva
BIS deputy general manager talks about the obstacles central banks face with regard to climate change
BIS’s Pereira says green QE could distort market
Central banks should focus on financial stability mandate not green QE, says deputy general manager
Central Banking Awards 2020: the winners
All the winners in the 2020 Central Banking Awards
IMF seeks to improve ‘climate stress tests’
Effort hampered by lack of good data and failure to develop “green taxonomy” – IMF officials
Central Banking Awards 2020: second group of winners unveiled
Prizes awarded for governor, reserve management, green initiative, asset manager and custody
Governor of the year: Mark Carney
Carney has played a vital role in managing Brexit risks
Innovation in reserve management: BlackRock
The US asset manager has made great strides in technology, research and advisory capabilities
Green initiative: Network for Greening the Financial System
Voluntary body is driving efforts to tackle climate-related risks
Fed will ‘probably’ join green central banking group – Powell
Public has right to expect the Fed to ensure the system is resilient against climate change, says governor
Carney defends financial sector’s record on climate action
Finance ready to flow to green projects if politicians take lead, BoE governor says
Central banks must take lead on climate disclosures – PBoC’s Ma
Reserve managers’ stances send important signals to the financial community, says Ma Jun
Fiji’s central bank faces climate change challenge
Governor notes disaster risk management is evolving at rapid pace
Climate risk models not up to scratch, warns BIS report
New research highlights models’ inability to accurately anticipate climate risk
UK government names Carney as green finance adviser
Departing BoE governor will advise UK prime minister at UN climate conference in November
RBA says it will replace banknotes ‘completely destroyed’ in bushfires
Central bank prepares for influx of damaged banknotes
Bank Negara Malaysia seeks feedback on new climate taxonomy
Central bank proposes classifying activities based on how much they harm the environment
2019: The year in review
The past year saw a persistent weakening of the global economy, and some radical financial innovations