Contributor: Alexander Barkawi

Central Banks Must Heed Their Own Warnings on Climate Risks

| 13 October 2020
Blog, Monetary | Tags: Asset Purchases, Central Banks, Climate Risk, Collateral Frameworks
The Central Banks and Supervisors Network for Greening the Financial System (NGFS), a group of more than 70 central banks and financial supervisors across the globe, has repeatedly highlighted that climate risks are financial risks. Its members have also continuously put a spotlight on the ... continue reading

Central Banks and Climate Change

| 21 February 2020
Blog, Monetary | Tags: Central Banks, Climate Change, Credit Risk, Governing Finance
Central banks must supplement their risk processes to reflect climate risks. This is neither a conflict of objectives nor an overburdening of their mandate, but a fiduciary duty. ... continue reading

Central Banks and the G20 Agenda. Ensuring Policy Coherence

and | 21 March 2019
Blog, Monetary | Tags: Central Banks, G20, Governing Finance
The G20 has come a long way in pulling economies back from the brink. Yet, a lot remains to be done in its pursuit of inclusive and sustainable growth. Productivity growth is sluggish, unemployment remains well above pre-crisis levels, inequality is hitting record highs, and ... continue reading

Central Banks and the G20 Agenda: Ensuring Policy Coherence

and | 14 March 2019
Monetary, Policy Briefs | Tags: Central Banks, Inclusiveness, Sustainable Development
The G20 has come a long way in pulling economies back from the brink. Yet, a lot remains to be done in its pursuit of inclusive and sustainable growth. Its leaders have continuously highlighted the urgent need to use all policy levers in targeting its ... continue reading

How’s Life?

| 22 January 2018
Fiscal, Monetary, Publications, Trade | Tags: Environment, Inequality
In November, the OECD published its most recent report on a short but fundamental question: How’s Life? Income is an important, but not the only factor in determining the answer. The OECD reflects this by going beyond the focus on GDP, that has for long ... continue reading