Climate change
Thai regulators aim to create ‘green’ taxonomy
Central bank and other regulators pledge to encourage sustainable investment
Green finance and mispricing: what role for central banks and governments?
Governments and central banks cannot stay on the sidelines if they are to fix market mispricing, says Sayuri Shirai
An assessment of the ECB’s strategy review
A number of aspects of the new framework raise challenges for implementation and credibility, while the inclusion of climate change may politicise the institution, writes euro architect Otmar Issing
PBoC to support green finance with low-cost funding
Bank says it will extend its tougher regulation of crypto assets
Disclosures and taxonomies vital for climate risk understanding – RBNZ official
Central banks also need to ensure staff are skilled in climate risk
US regulator joins NGFS
OCC follows Fed into green network and appoints climate change risk officer
Central Bank of Hungary adopts green monetary policy
Policy sees central bank launch green mortgage bond purchase programme
ECB bond holdings exposed to nature-related financial risks – paper
Study warns corporate bond holdings rely on ‘ecosystem services’ and contribute to biodiversity loss
New BoE climate risk scenarios spark race for extra data
Banks need information from clients or third parties to populate 1,760 stress test variables
The ‘golden age’ of central banking has passed
Central banks face multi-faceted challenges and weakened autonomy amid highly polarised inflation expectations
DNB unveils sustainability policy
Dutch central bank sets out four-year green plan – investments must be “Paris-aligned”
BoJ to offer zero-interest loans for climate projects
Central bank highlights five areas of focus in new climate strategy
Expecting the unexpected
Lars Schröder, senior engagement manager at SkySparc, looks at what is driving shifts in central banks’ technology requirements.
The ECB’s monetary policy strategy review
The ECB’s founding monetary policy architect, Otmar Issing, offers some initial perspectives on the ECB’s strategy review
FCA to expand UK footprint as part of new strategy
Regulator’s priorities will include climate risk disclosures and financial sector diversity
Climate training hub launched by international consortium
BIS training platform will act as single access point for climate risk training for central banks
ECB adopts 2% symmetric inflation target
Central bank chooses not to follow Federal Reserve’s lead on average inflation targeting
FSB maps path for climate reforms
Global body is playing a co-ordinating role given interconnected risks
Central banks leverage multimedia communication channels
Around a third have added podcasts, mobile apps and blogs to their comms repertoire
UK and Singapore to co-operate on regulation
Central banks and finance ministries to co-operate on cyber security and climate impact
Climate risks narrowly concentrated among EU banks, report finds
Only 25 EU banks bear most exposure to physical risks of climate change, ECB-ESRB report says
BIS’s Luiz Pereira on tackling the climate crisis
Deputy general manager highlights the challenge posed by radical uncertainty, the benefits of carbon budgeting, and the case for acting now
People: Sam Woods reappointed; Fernanda Nechio returns to SF Fed
BoE deputy gets fresh term; Nechio to lead regional Fed’s sustainability research; and more
China abandons cryptocurrencies under the PBoC (this time it’s for real)
New data centres set to be established to compensate provinces for lost crypto mining revenues