Central Banks Must Heed Their Own Warnings on Climate Risks
Alexander Barkawi | 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
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Central Banks and Climate Change
Alexander Barkawi | 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.
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Central Banks and the G20 Agenda. Ensuring Policy Coherence
Alexander Barkawi and
José Siaba Serrate | 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
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Central Banks and the G20 Agenda: Ensuring Policy Coherence
Alexander Barkawi and
José Siaba Serrate | 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
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How’s Life?
Alexander Barkawi | 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
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