Archive: February 2023

Keeping Risks in Check. Towards a Comprehensive Reflection of Climate Risks on Central Bank Balance Sheets

| 27 February 2023
Monetary, Blog | Tags: Asset Purchases, Central Banks, Climate Risks, Financial Governance
Central banks have been highlighting the financial risks from climate change for several years. The fact that they are still not accounting for these risks across all their operations is striking. This must change. ... continue reading

Fossil Fuel Tax Expenditures. Data Gaps and Reporting Guidelines

and | 21 February 2023
Fiscal, Discussion Notes | Tags: Energy, Fossil Fuel Subsidies, Tax Expenditures
Tax expenditures (TEs) make up one of the largest components of fossil fuel subsidies (FFSs) worldwide. Yet, despite their significance, they remain underreported. ... continue reading