Contributor: Pierre Monnin

Aligning Sovereign Bond Markets with the Net Zero Transition: the Role of Central Banks

, , and | 14 March 2024
Monetary, Policy Briefs | Tags: Central Banks, Climate Risks, Debt, Financial Supervision
Aligning sovereign bonds with net zero requires coordinated action by several stakeholders across the financial system. National governments are first in line to act but central banks have a unique opportunity to make a meaningful contribution. ... continue reading

Net Zero Central Banking in Africa’s Diverse Economies: Challenges, Opportunities and Policy Options

, and | 29 November 2023
Monetary, Policy Briefs | Tags: Africa, Central Banks, Climate Risks, Financial Stability, Inequality
Africa’s economies are contending with a diverse set of challenges and opportunities in relation to building low-carbon, green economies and the transition to net zero emissions. Central banks can play a pivotal role in enabling the green transition in Africa. ... continue reading

Climate-Related Systemic Risks and Macroprudential Policy

and | 9 August 2023
Monetary, Policy Briefs | Tags: Climate Risks, Financial Stability, Financial Supervision, Macroprudential Policy, Systemic Risks
Central banks and financial supervisors must rapidly develop sound risk management practices adapted to a context in which policy decisions rely on imperfect data and high uncertainty. ... continue reading

Climate Risks in Albania and their Relevance to the Central Bank

and | 14 March 2023
Monetary, Policy Briefs | Tags: Central Banks, Climate Change, Financial Stability, Sustainable Finance
Climate change has far-reaching impacts, both in breadth and magnitude that are starting to affect the economy and society in Albania. Mitigating them and positioning the Albanian economy on a sustainable path requires important structural transformations and investments. ... continue reading

The Swiss National Bank Struggles to Manage Climate Risks

| 6 January 2023
Monetary, Op-Eds | Tags: Central Banks, Climate Risk, Financial Stability
In Europe and elsewhere, central banks are implementing measures to contain financial risks associated with climate change in their asset portfolios. The Swiss National Bank is not among the leaders in this area. ... continue reading