Climate change
World Bank approves credit financing for Pacific islands
Local banks could use funds to secure correspondent banking relationships in event of emergency
Nature risk poses ‘major data and modelling challenges’ – FSB
Stocktake finds supervisors at varied stages of analysing biodiversity loss and related risks
NGFS study offers three proposals to help green monetary operations
Report highlights eight case studies, including central banks in China, Japan, the eurozone and UK
MAS carbon emissions rise amid shift to greener investment portfolio
Equity and corporate bond climate exposures fall as rising air travel and data use drive up own emissions
BNM’s Rasheed on inflation, growth and currency performance in emerging markets
Bank Negara Malaysia’s governor speaks about balancing inflation and growth, supporting the ringgit, multilateral currency settlement and greening Islamic finance
Transitioning to renewables could reduce shock impact – research
Authors say Brazilian economy may serve as a model in the clean energy transition
Central banks continue climate action despite political pressure
Reserve managers are expanding green investments, as some incorporate “double materiality”
Central Banking Awards 2024 ceremony honours best in field
Shirakawa receives lifetime award and Brazil is named central bank of the year
ECB penalises European banks for not meeting climate risk deadline
European real estate market remains a concern but banks are in a “robust” position, Jochnick says
Lkhagvasuren Byadran on geopolitics, gold and 100 years of central banking on the steppe
Bank of Mongolia governor Lkhagvasuren Byadran speaks about monetary and financial reform, embracing AI and fintech, and Mongolia’s new SWF
HKMA publishes sustainable finance taxonomy
Hong Kong extends scope of green bond subsidy and develops climate risk assessment tool
European banks less likely to lend to green firms, says ECB paper
Public guarantee loans can help lower-carbon firms access bank credit, research finds
A new climate of change
Central banks are warming up to address climate risks just as US interest cools
ECB to explore nature-related risk in environmental plan
Climate change and biodegradation are “two sides of the same coin”
Central Banking Awards 2024: fourth round announced
BIS wins Green initiative award; other awards go for currency, CBDC and AML systems
BIS and central banks develop AI tool to mine climate data
Hallucinations “do not seem” to impact results of initiative with Bank of Spain, ECB and Bundesbank
Central Banking Awards 2024: third group of winners revealed
Climate model wins economics award; DNB, Fed and Central Bank of Kenya also recognised
ECB banking supervision staff to move location
All 1,700 supervisory employees to move into Gallileo building by end of 2025
ECB official apologises for ‘reprogramming’ remarks
Elderson tells staff he believes in open debate on environmental matters after outcry
BoE paper models impact of fossil fuel ban
Degree to which renewables could replace petrol and gas would be key factor, research says
CMU should drive green and digital transitions, says BdF governor
Villeroy de Galhau calls for capital markets union to adopt “higher purpose”
Campaigners call on BoE to make collateral rules greener
Report says bank’s use of fossil fuel assets as collateral is adding to climate risks
ECB research examines big issues affecting productivity
Reports assess impact on eurozone of digitisation, climate change and pandemic lockdowns
Local banks key to mitigating climate-related risks – BDE paper
Study finds “outsider” banks less responsive to needs of companies affected by wildfires