Closing the Gap to Boost Asean Resilience Against Novel Risks
Julia Bingler | 23 April 2026
Monetary,
Commentary | Tags:
ASEAN+3,
Central Banks,
Financial Supervision,
Macroprudential Policy,
Systemic Risks
The Philippines deserves genuine credit for its stewardship of this year’s Asean Finance Ministers’ and Central Bank Governors’ Meeting (AFMGM). Various novel risks and challenges have been discussed – from geoeconomic and geopolitical risks to cross border payments, financial resilience and climate risk management.
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How Can Ministries of Finance Support the Low-Carbon Transition Through Coherent ‘Policy Packages’?
Patrick Lenain | 13 April 2026
Fiscal,
Monetary,
Blog | Tags:
Carbon Pricing,
Energy,
Industrial Policy,
Policy Coherence,
Tax Expenditures
The transition towards greener and more resilient economies is one of the defining economic opportunities of our time. From growth and innovation to enhanced competitiveness and long-term savings, the potential gains are substantial.
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Insurance Protection for Climate-Resilient Progress
Patrick Lenain | 27 March 2026
Fiscal,
Monetary,
Commentary | Tags:
Climate Risks,
Insurance,
Vietnam
This op-ed was first published in the Vietnam Investment Review. The World Bank has estimated that about $300 billion of the country’s commercial and industrial assets are vulnerable to climate-related disasters. Patrick Lenain, senior associate at the Council on Economic Policies, looks at the gaps
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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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Governing Finance for Sustainable Prosperity in ASEAN
12 March 2026 | Singapore | Co-hosted with AMRO and SEACEN | By Invitation
Monetary,
Roundtables | Tags:
ASEAN+3,
Central Banks,
Economic Growth,
Financial Supervision,
Governing Finance
Central banks, financial regulators and supervisors play a critical role in building resilient financial markets and economies amidst novel risks, and to unlock the opportunities associated with the deep structural changes ahead.
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Governing Finance for Sustainable Prosperity in South Korea
9 March 2026 | Seoul, South Korea | Co-hosted with AMRO and SEACEN | By Invitation
Monetary,
Roundtables | Tags:
Economic Growth,
Financial Supervision,
Governing Finance,
South Korea,
Systemic Risks
Welfare and economic growth in South Korea depend increasingly depend on the country’s capacity to align economic priorities with the need to address long-term structural transformations. Immediate challenges are deeply interlinked with longer-term shifts, including the digitalization of finance, population ageing, the green transition, and
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Governing Finance for Sustainable Prosperity in Japan
5 March 2026 | Tokyo, Japan | Co-hosted with AMRO and SEACEN | By Invitation
Monetary,
Roundtables | Tags:
Economic Growth,
Financial Supervision,
Governing Finance,
Japan,
Systemic Risks
Welfare and economic growth in Japan depend increasingly depend on the country’s capacity to align economic priorities with the need to address long-term structural transformations. Immediate challenges are deeply interlinked with longer-term shifts, including the digitalization of finance, population ageing, the green transition, and accelerating
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Upgrading Housing: the Potential and Limits of Borrower-Based Measures
Pierre Monnin,
Ádám Banai,
Kristīna Bojāre,
Ján Klacso,
Reiner Martin and
János Szakács | 3 March 2026
Monetary,
Discussion Notes | Tags:
Credit Risk,
Energy,
Financial Stability,
Housing,
Macroprudential Policy
This paper explores how borrower-based measures (BBMs) can be adjusted to provide additional funding for housing-related energy-efficiency investments without compromising financial stability objectives.
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The Macroprudential Response to Climate Systemic Risk: Four Essential Pillars
Laura Bartolomeu,
Wildmer Gregori,
Pierre Monnin and
Fátima Silva | 26 February 2026
Monetary,
Policy Briefs | Tags:
Climate Risks,
Financial Stability,
Macroprudential Policy,
Portugal,
Systemic Risks
While existing macroprudential policy toolkits can already be deployed to address climate-related systemic risk, their implementation shall account for the data available to assess climate-related risks, the state of knowledge about them, and the institutional frameworks in which macroprudential instruments operate.
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Direction Ahead for Low-Carbon Development Finance in Vietnam
Patrick Lenain | 15 January 2026
Fiscal,
Monetary,
Commentary | Tags:
Economic Growth,
Energy,
Governing Finance,
Industrial Policy,
Vietnam
Climate finance is featured prominently in international climate negotiations, and a number of countries have published climate finance strategies outlining investment needs for mitigation and adaptation. Yet a narrow focus on climate finance risks missing the point.
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