How Southeast Asia’s Central Banks Can Meet the Climate Challenge
Vinod Thomas and
Muhammad Qaisar | 5 August 2026
Monetary,
Commentary | Tags:
ASEAN,
Central Banks,
Climate Risks,
Targeted Refinancing Lines Climate change is creating greater price and financial instability across Southeast Asia, from supply chain disruptions to increased default risks. Operating within their traditional mandates, the region’s central banks are monitoring these risks in a largely reactive manner.
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Fortifying the Role of Finance After Indonesia’s Floods
Muhammad Qaisar and
Togi Prakoso | 14 March 2026
Monetary,
Commentary | Tags:
Climate Risks,
Financial Stability,
Governing Finance,
Indonesia,
Macroprudential Policy The floods are a stark reminder that finance is never neutral. When well governed, it can absorb shocks, speed reconstruction and strengthen resilience. When misaligned, it can amplify fragilities and lock in future risks.
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Hitting the Mark: Design Choices in Targeted Refinancing
Muhammad Qaisar | 17 April 2025
Monetary,
Blog | Tags:
Central Banks,
Targeted Refinancing Lines To target their objectives, central banks have a broad toolbox. Each of their instruments has impacts on a range of their goals and must be calibrated accordingly. The critical role of design choices in targeted refinancing operations is a case in point.
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