Program: Monetary

From Risk to Resilience. Closing the Climate Insurance Protection Gap

| 8 September 2025
Monetary, Policy Briefs | Tags: Climate Risks, Financial Stability, Inequality, Insurance
When insurers stop covering climate risks, these risks are transferred onto individuals, businesses, and taxpayers. Insufficient insurance coverage not only undermines the financial system’s ability to absorb shocks but also has wider economic, fiscal, and social repercussions. ... continue reading

A Macroprudential Approach to Compound Climate Risks

and | 5 September 2025
Monetary, Policy Briefs | Tags: Climate Risks, Financial Stability, Macroprudential Policy, Systemic Risks
Macroprudential authorities can make an integral contribution to a more resilient financial system capable of withstanding the evolving challenges posed by climate change, economic shocks and their complex interplay. ... continue reading

Addressing Novel Risks, Strengthening Finance, and Building Resilience in ASEAN+3

and | 1 September 2025
Monetary, Policy Briefs | Tags: ASEAN+3, Central Banks, Climate Risks, Financial Regulation, Financial Supervision
Welfare and economic growth in ASEAN+3 depend on the region’s ability to align economic priorities and the effective management of novel risks with the need to address structural challenges, associated transformations and the ability to harness future opportunities. ... continue reading

Central Banking and Asia’s Energy Future: The Role of Targeted Refinancing in ASEAN+3

| 12 June 2025
Monetary, Policy Briefs | Tags: ASEAN+3, Central Banks, Energy, Targeted Refinancing Lines
The pursuit of sustainable prosperity in ASEAN+3 critically hinges on the availability of affordable, secure, and clean energy. ... continue reading

Climate Adaptation and the Insurance Protection Gap: Market Challenges and Policy Options

30 June 2025 | Online | By Invitation
Monetary, Roundtables | Tags: Climate Change, Financial Governance, Insurance, Systemic Risks
As climate-related risks escalate, rising hazards and exposures increasingly threaten the availability and affordability of insurance coverage. Individuals and businesses face a growing insurance protection gap. ... continue reading

Hitting the Mark: Design Choices in Targeted Refinancing

| 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. ... continue reading

Inclusive Green Finance for Small Companies: Learning from Pilot Cities in China’s Zhejiang Province

16 April 2025 | 9.00 CET | Online | Co-hosted with AMRO
Monetary, Webinar | Tags: China, Entrepreneurship, Financial Inclusion, Green Finance
The webinar distilled lessons learned in Zhejiang province and explore the conditions under which new standards and digital platforms can bolster climate finance for small companies across ASEAN+3 countries and beyond. ... continue reading

Climate Change and Inflation Targeting Frameworks

14 April 2025 | 18.00 CET | Online | Co-hosted with E-axes Forum
Monetary, Webinar | Tags: Central Banks, Climate Risks, Financial Stability, Inflation
How can monetary policy adapt in a world where negative supply shocks caused by climate change as well as the introduction of carbon taxes may intensify persistent inflationary pressures?. ... continue reading

Micro- and Macroprudential Options to Reduce Climate Financial Risks

14 April 2025 | Online | by Invitation | Co-hosted with I4CE
Monetary, Roundtables | Tags: Climate Risks, Financial Stability, Financial Supervision, Macroprudential Policy, Systemic Risks
Given the accelerating pace of climate-related threats, financial regulators must strengthen the banking sector's resilience and mitigate the buildup of climate risks. ... continue reading

Wang’s Café Goes Green: Innovative Finance Solutions for Small Companies

| 27 March 2025
Monetary, Blog | Tags: China, Entrepreneurship, Financial Inclusion, Green Finance
Financial markets have mobilized a large and growing amount of money for climate action – but most of it goes to large firms. Small companies (micro, small, and medium-sized enterprises or MSMEs in the jargon) struggle to access the finance needed to green their activities. ... continue reading