Archive: November 2022

How to Ensure Climate and Environmental Risk Resilience of Central Bank Operations and the Financial System

23 November 2022 | Singapore
Monetary, Roundtables | Tags: Central Banks, Financial Supervision
CEP together with AMRO and SEACEN co-hosted a roundtable for central bankers and financial supervisors to exchange experiences, ideas and best practices on how to account for climate and environmental risks in central banking and financial supervision. The discussions covered (1) the challenges of climate ... continue reading

The Devil in the Detail? Eight Lessons from Tax Expenditure Reporting in Rwanda and Uganda

, and | 22 November 2022
Fiscal, Blog | Tags: Fiscal Policy, Tax Expenditures
Tax expenditures (TEs) are used widely around the world. Their role in the fiscal systems of low- and middle-income countries has recently attracted increased scrutiny. ... continue reading

All Hands On Deck To Confront The Energy Crisis

| 15 November 2022
Trade, Blog | Tags: Carbon Pricing, Energy, Fossil Fuel Subsidies
The current energy crisis illustrates once again the importance of reliable, diversified and affordable energy sources. Strong price increases inflict heavy economic damages: if coal, oil and gas retain their recent high prices, global spending on energy will reach 13% of GDP in 2022 – ... continue reading

Is the Current Macroprudential Framework Fit for Climate Systemic Risk?

| 13 November 2022
Monetary, Blog | Tags: Central Banks, Climate Risks, Financial Stability, Macroprudential Policy, Systemic Risks
Climate change and the transition to a low-carbon economy have a clear systemic dimension, and they potentially pose a systemic risk for the financial sector. This has been highlighted by several international and national financial authorities and urgently needs to be addressed. ... continue reading

ATI Regional Workshop on Tax Expenditures (East Africa) – Estimation, Reporting and Evaluation

18-19 October 2022 | Nairobi, Kenya
Fiscal, Workshops | Tags: Tax Expenditures
With around 50 participants from 9 countries attending, the workshop proved the growing engagement of different stakeholders in the region concerning the topic of tax expenditures monitoring and reform. ... continue reading