How to Ensure Climate and Environmental Risk Resilience of Central Bank Operations and the Financial System

CEP together with AMRO and SEACEN co-hosted a roundtable for central bankers and financial supervisors to exchange experiences, ideas and best practices on how to account for climate and environmental risks in central banking and financial supervision.

The discussions covered (1) the challenges of climate change, decarbonization, and environmental risks for financial supervision, monetary policy and reserve management, (2) accounting for climate-related risks in micro- and macroprudential measures to build and maintain a climate-resilient financial sector, (3) the implications of climate risks for credit operations, asset purchases, collateral frameworks and foreign reserve management, and (4) how to improve climate-related physical and transition resilience of central bank’s monetary policy portfolios.

For more information contact CEP Fellow Julia Bingler: [email protected]