Program: Monetary

Scaling up Green Finance: The Role of Central Banks

8 – 9 November, 2018. Co-organized with the Central Banks and Supervisors Network for Greening the Financial System
Monetary, Workshops | Tags: Central Banks, Climate Change, Green Finance
The transition to a low-carbon economy requires shifting trillions from brown to green activities. Several reports estimate that more than USD 90 trillion will be needed to adapt our infrastructure in a way that is consistent with the 2°C scenario. Given that the horizon of ... continue reading

Central Banks and the Transition to a Low-Carbon Economy

| 22 March 2018
Discussion Notes, Monetary | Tags: Central Banks, Environment, Macroprudential Regulation, Quantitative Easing
Climate change is a fundamental challenge for our societies. Containing it will require a profound and radical transformation of our economic system, including a substantial reorientation of investments toward low-carbon technologies. The question to what extent central banks can and should contribute to this effort ... continue reading

How’s Life?

| 22 January 2018
Fiscal, Monetary, Publications, Trade | Tags: Environment, Inequality
In November, the OECD published its most recent report on a short but fundamental question: How’s Life? Income is an important, but not the only factor in determining the answer. The OECD reflects this by going beyond the focus on GDP, that has for long ... continue reading

Climate Change Adds to Risk for Banks, but EU Lending Proposals Will Do More Harm Than Good

and | 17 January 2018
Blog, Monetary | Tags: Climate Change, Financial Stability, Macroprudential Regulation
Climate change is a relevant risk factor for the banking sector, but the European Commission's plan to lower capital requirements for greener investments is irresponsible in encouraging banks to forego proper risk management. ... continue reading

Central Banking and Green Finance

28-29 November, 2017. Co-organized with De Nederlandsche Bank
Monetary, Workshops | Tags: Climate Change, Financial Regulation, Green Finance
When the Leaders of the G20 met in China in 2016 they highlighted the necessity to scale up green financing. They also endorsed efforts to “provide clear strategic policy signals and frameworks” to target this objective. The question to what extent central banks can and ... continue reading