Green finance
ECB bond holdings exposed to nature-related financial risks – paper
Study warns corporate bond holdings rely on ‘ecosystem services’ and contribute to biodiversity loss
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
FSB maps path for climate reforms
Global body is playing a co-ordinating role given interconnected risks
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
The IFF China Report 2021
Insight and perspectives from the world's leaders, premier policy-makers and financiers
BIS opens Nordic innovation hub
Stockholm office is fifth in hub programme and involves four of the region’s central banks
MAS publishes inaugural sustainability report
Report details central bank’s own efforts to cut emissions and broader work with financial sector
PBoC to score largest banks’ green finance efforts
Chinese central bank aims to spur growth in environmental investing
BoE’s Bailey says CBDCs could be ‘fundamental’
Innovation hub run by BoE and BIS hub likely to concentrate on CBDCs and payments, official says
Policy-makers debate central banks’ role in tackling climate change
Some see central banks as important co-ordinators; others warn they could overreach
BoE outlines climate stress tests
Tests planned as “learning exercise” and will not be used to set capital requirements
NGFS unveils second set of climate change scenarios
New scenarios use NiGEM macro model and take much more granular approach, officials say
Bank of Finland invests in BIS green fund
Central bank invests $300 million in fund supporting renewables and energy efficiency
Sizing the benefits and risks of our climate ambition
Fixing climate change is likely to entail substantial risks, write Sarah Breeden and Frank Elderson
Governance Benchmarks 2021 report – the frameworks that rule central banks
Benchmarking data offers insights on appointments, legal structures, powers, independence and more
Powell, Lagarde and Yi call for urgent action on climate change
Lagarde says asset taxonomy is needed soon while Yi says G20 must create disclosure standard
Central banks face legal risk over climate – ECB’s Elderson
NGOs could sue central banks for failure to take suitable action over climate change, says NGFS chair
Weidmann drops opposition to ‘greening’ ECB bond holdings
Bundesbank president says ECB could limit purchases of corporate bonds from some sectors
Firms and supervisors must ‘transform’ climate risk management – regulators
Complexity and uncertainty demand major rethink of risk, say ‘Green Swan’ event speakers
The Belt and Road Initiative 2021 Survey – The impact of Covid‑19 on the BRI
The fourth annual Belt and Road Initiative survey reveals that the Covid‑19 pandemic has disrupted many projects despite China remaining committed to financing the initiative, which is expected to support future economic growth and environmental…
People: Sarah Breeden becomes BoE’s executive director for financial stability
Senior official who has played key role in BoE’S climate initiatives will replace Alex Brazier
EBA finds ‘big differences’ in use of EU green taxonomy
Risk-mapping exercise finds average “green asset ratio” of 8%
BoE unveils plan to ‘green’ its corporate bond-buying
Hauser says BoE will “tilt” bond purchases and might insist on full climate disclosure by issuers