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.
... continue reading
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.
... continue reading
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
... continue reading
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
... continue reading
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.
... continue reading
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.
... continue reading
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.
... continue reading
Sanaenomics: Bridging Abenomics and New Capitalism
Matthew Poggi | 5 November 2025
Monetary,
Commentary | Tags:
Economic Growth,
Governing Finance,
Japan
Sanae Takaichi begins her tenure as prime minister of Japan with a rare combination of political momentum and market confidence. Her inaugural public-support rating exceeds that of her recent predecessors, and equities have risen nearly 10% since she became leader of the Liberal Democratic Party.
... continue reading
The Bank of Japan Must Define a Strategy for Its ETF Holdings – Not Just Its Sales
Ken Shibusawa and
Matthew Poggi | 28 October 2025
Monetary,
Commentary | Tags:
Asset Purchases,
Central Banks,
Governing Finance,
Japan
The Bank of Japan (BOJ) plans to sell its ETFs at roughly 620 billion yen a year on a market-value basis (330 billion yen on a book-value basis), a time frame under which BOJ Gov. Kazuo Ueda said it would "take more than 100 years"
... continue reading
Unlocking Doors to Better Homes: Smarter Borrower Limits for Housing Upgrades Across Europe
Reiner Martin and
Pierre Monnin | 15 October 2025
Monetary,
Blog | Tags:
Credit Risk,
Energy,
Financial Stability,
Housing,
Macroprudential Policy
Upgrading the energy efficiency of Europe’s homes is a cornerstone of the European Union’s strategy to achieve climate neutrality. Buildings account for about a third of the EU’s energy-related greenhouse gas emissions, making them one of the largest contributors to climate change.
... continue reading