Green finance
IMF climate dashboard reveals pattern of vulnerabilities
Data ranges from frequency of natural disasters to carbon intensity of lending
Bank of England targeted in Extinction Rebellion protest
Front entrance daubed in “fake oil” as part of wider protest against financial sector
ECB concerned by Hungary consumer credit plan
Draft law would give Central Bank of Hungary powers to directly issue loans for energy efficiency
Major asset managers commit to support net-zero carbon transition
Tackling climate change is “one of the greatest commercial opportunities of our time”, says Mark Carney
NGFS suggests central bank climate policies
Green network advises measures to reduce financial risk and promote decarbonisation
Bank of Canada aims to use 100% clean electricity by 2022
Central bank has made a number of institutional changes to reduce its carbon footprint
Central Banking Awards 2021: first winners unveiled
First tranche of awards announced for governor, reserves management, green finance and more
Green initiative: Bank of England
UK central bank breaks path for others by disclosing climate-related risk across all operations
Climate initiative: HSBC
UK bank is working closely with central banks and other official institutions to support transition towards greener global system
Greenpeace lands activists on ECB roof
Stunt publicises new study arguing collateral framework favours high-carbon industries
MAS selects asset managers with green focus
Singapore government will start issuing green bonds, governor Menon says
SEC task force to enforce green and ESG rules
US regulator says task force aims to “proactively address” disclosure gaps
BIS paper proposes solution to ‘runnable brown assets’
Central bank liquidity backstop could boost stability and encourage firms to go green, authors say
BoE given green remit for monetary policy
Central bank to provide details on reforming corporate bond buying “in the coming months”
Temporary green QE might have limited effects – research
Green bond buying can cut flow of pollution but has little effect on stock – Bank of Italy paper
Green finance: new initiatives in China, Europe and Americas
Eurosystem adopts common investment principles; China pushes climate modelling; and more
European supervisors unveil new rules to combat ‘greenwashing’
Authorities say the “significant” new rules should lead to better climate disclosures
Fed creates committee on climate change impacts
New York Fed supervision chief moves to DC to chair new body
Central bankers debate next steps on climate change
Jens Weidmann argues for independent agency to relieve burden on central banks
MAS explores need for domestic green taxonomy
Taxonomy could help steer capital towards the region’s green priorities, deputy governor says
ECB steps up work on climate change
Central bank launches climate change centre and invests in new BIS green bond fund
BIS to research prototype DLT green bond platform
Innovation hub sets up international network to share knowledge and address problems
Banque de France pledges to drop coal-linked assets by 2024
French central bank will also cut oil and gas exposures, and oppose new fossil fuel projects
Bank of Italy paper looks at economic impact of disasters
More frequent disasters make economic effects larger and non-linear, researcher finds