Aligning Central Bank Refinancing Operations with the G20 Agenda
Chiara Colesanti Senni and
Pierre Monnin | 6 October 2021
Monetary,
Policy Briefs | Tags:
Central Banks,
Climate Risk,
G20,
Targeted Refinancing Lines Since the Pittsburgh Summit in 2009, G20 leaders have repeatedly highlighted inclusive growth and environmental protection as core objectives in their joint declarations. With the widening of economic inequalities and the acceleration of climate change and biodiversity loss, their calls for action have gained further
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ECB and Climate Change: The Direction is Clear – But Ambition and Speed are Lacking
Pierre Monnin | 7 June 2021
Blog,
Monetary | Tags:
Central Banks,
Monetary Policy Operations,
Sustainability All public institutions urgently need to address the colossal challenges posed by climate change. Central banks are no exception, and their representatives are well aware of this.
Jens Weidmann, President of the Deutsche Bundesbank, for example, is convinced "that we can all do more to mitigate
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Governing Finance – The Case for a New Playbook
Alexander Barkawi and
Simon Zadek | 7 April 2021
Blog,
Monetary | Tags:
Central Banks,
Climate Change,
Digital Finance,
Employment,
Financial Supervision,
Governing Finance,
Inequality,
Sustainability Finance impacts all aspects of our lives, from our economies to social cohesion to the ecological systems we depend on for our very survival. As a result, the implications of how we govern finance are fundamental, and ultimately existential. Yet, alarmingly, we are not talking
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Governing Finance for Sustainable Prosperity
Alexander Barkawi and
Simon Zadek | 7 April 2021
Discussion Notes,
Monetary | Tags:
Central Banks,
Climate Change,
Digital Finance,
Employment,
Financial Supervision,
Governing Finance,
Inequality,
Sustainability Finance impacts all aspects of our lives, from our economies to social cohesion to the ecological systems we depend on for our very survival. As a result, the implications of how we choose to govern finance are fundamental, and ultimately existential.
Whether we succeed in improving
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The Case for Climate Objectives in Central Banks’ Targeted Refinancing Operations
Chiara Colesanti Senni | 12 February 2021
Blog,
Monetary | Tags:
Central Banks,
Climate Risk,
Monetary Policy,
Policy Coherence,
Targeted Refinancing Lines Central banks are making increasing use of targeted refinancing operations to pursue their mandates. However, so far none of them, with a few exceptions in developing economies, has aligned its targeting with the objective of a transition to a low-carbon economy. This must change. Refinancing
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