From Dependencies to Environmental Risks for Finance. Taking Next Steps
Chiara Colesanti Senni and
Adrian von Jagow | 9 May 2022
Blog,
Monetary | Tags:
Central Banks,
Environmental Risks,
Financial Supervision Climate-related risks are now widely recognized as a source of financial risks by financial supervisors and central banks worldwide. Estimates of transition risks, which include risks stemming from the transition to a low-carbon economy, have become more granular, thanks in part to improved data availability.
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A Dashboard for Biodiversity Risk Metrics
Oliver Braunschweig,
Chiara Colesanti Senni and
David Lunsford | 24 March 2022
Monetary,
Policy Briefs | Tags:
Biodiversity Risk,
Central Banks This policy brief calls on central banks and financial supervisors to build and use a dashboard of biodiversity metrics to assess biodiversity risks in terms of both dependencies and impacts. In order for these metrics to become fully operational, they should cover risks for firms
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Monetary Policy Operations and Biodiversity Loss
Pierre Monnin | 24 March 2022
Monetary,
Policy Briefs | Tags:
Biodiversity Risk,
Central Banks,
Climate Change “Biodiversity is declining at unprecedented rates in human history, with growing evidence that this could have significant economic and financial implications”. In this regard, biodiversity loss is very similar to climate change: both entail physical risks that could translate into substantial economic and financial losses,
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A Guaranteed Win for the Climate: Sustainable Loan Guarantees and Sustainable Loan Guarantee Facilities
Andrew McConnell,
Boyan Yanovski and
Kai Lessmann | 8 February 2022
Blog,
Monetary | Tags:
Central Banks,
Climate Change,
Targeted Refinancing Lines In order to limit global warming to the levels set in the Paris agreement, an immense amount of additional investment has to be directed into sustainable technologies – a difference of between $610 billion (IEA 2020) and $2 trillion (IRENA 2020) per year as compared
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For PBOC’s New Green Lending Tool, Transparency and Verification Are Key
Sebastian Guo | 10 December 2021
Blog,
Monetary | Tags:
Central Banks,
China,
Climate Change,
Targeted Refinancing Lines Global efforts to expedite the transition to a sustainable future require a significant shift in financial flows. The institutions governing finance play a vital role in achieving this objective. Central banks stand at the heart of this endeavor and are increasingly rising to the challenge.
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