Climate change
Central banks could do more to tackle climate change – paper
Central banks may be mispricing assets due to climate change risk, paper argues
US could lose a third of growth to climate change – Richmond Fed article
Authors warn economic damage could be much more widespread than typically assumed
Central bank financing spells trouble for Guyana – IMF
Fund warns central bank financing of government could create problems for monetary policy
Irish SWF set to become first to divest from all fossil fuels
Fund has in the past argued “engagement” is more effective than divestment
Bank of England should have ‘green’ mandate – report
Activist group says BoE should put climate sustainability on par with price stability
Climate change risks ‘already with us’ – BoE’s Breeden
Sarah Breeden urges financial firms to take action on both opportunities and risks
Major central banks call for concerted action on climate change
“Transition risks” are the most challenging for financial institutions, Carney says
Divestments based on ethical grounds reduce returns of Norway’s fund
The exclusions trimmed cumulative returns on the equity index by 3.3% since 2004