Climate change
Central banks should stick to what they know, say governors
Focusing on key existing objectives is preferable to taking on new ones, say panellists
Lagarde downplays odds of early exit
ECB president uses interviews to say she is on a ‘mission’ with a ‘baseline’ of serving out her term
Net zero transition could boost productivity – BoE paper
Impact of carbon tax depends partly on spillovers from green technology, economists say
BSP to use satellite imagery to aid policy-making
Philippines central bank partners with space agency to help identify climate-vulnerable communities
Risk Management Benchmarks 2026 report – tracking op risk
Benchmarks include new data on op risk prevalence, drivers and monitoring tools
Vast majority of central banks taking action on climate risk
Nearly one in five banks reflect climate risk in reserves management and collateral eligibility
Don’t count on central banks to buy public debt, says Lagarde
ECB president tells Davos panel that divergent global standards may puncture AI bubble
ECB reaffirms commitment to climate-related work
Central bank to continue scrutinising lenders over environmental risks on balance sheet
Philippines extends incentives for sustainable lending
BSP says banks can have up to 40% credit exposure for green projects for another two years
Book notes: The London Consensus, by Tim Besley, Irene Bucelli and Andrés Velasco
The authors set out guidelines to address shortcomings linked to the Washington consensus, but implementation will be a challenge
‘Green’ banks face lower repo rates – ECB study
Researchers say climate transition risk has implications for financial stability and policy transmission
Bowman’s Fed may limp on by after cuts
New vice-chair seeks efficiency, but staff clear-out could hamper functions, say former regulators
Richard Doornbosch on central banking in a tempestuous climate
The president of the Central Bank of Curaçao and Sint Maarten speaks to Christopher Jeffery about addressing legacy financial scandals, transition to a Caribbean guilder, tapping gold holdings and managing a currency peg at a time of US policy uncertainty
Water scarcity threatens economies, IMF and BIS warn
Studies say impacts on growth, inflation, fiscal policy and balance of payments are likely to worsen
Eurozone bank uncompetitiveness a ‘myth’ – Schnabel
Regulations have made lenders better, says ECB board member
Climate and fragmentation are key risks, say deputy governors
Officials from EMEs in Africa and Americas outline concerns at Autumn Meetings
Cash is the tender of last resort – panel
Officials at Central Banking Autumn Meetings discuss risks of long-term outages in era of digital payments
Reserve managers’ environmental plans choked by dearth of data – panel
Central Banking Autumn Meetings hear blended finance is growing green bonds in emerging economies
Advancing sustainability post-COP29
The Central Bank of Azerbaijan is striving to assist the domestic and international transition to a greener economy, writes its governor, Taleh Kazimov
Financial stability depends on central bank co-operation – ECCB deputy
Valda Henry tells Autumn Meetings that collaboration is vital for small islands’ survival
Curaçaoan governor highlights AI, climate and cyber risks
Richard Doornbosch says Caribbean’s small, open economies faced heightened threats