Tag: Central Banks

Building Blocks for Central Banks to Develop Nature Scenarios

, and | 27 January 2023
Monetary, Policy Briefs | Tags: Central Banks, Climate Risk, Environment, Financial Stability
In reviewing a selection of models currently used in economic and nature loss assessments, five key issues emerge for model and scenario development. ... continue reading

Supporting the Just Transition: a Roadmap for Central Banks and Financial Supervisors

and | 22 December 2022
Monetary, Policy Briefs | Tags: Central Banks, Financial Inclusion, Financial Supervision, Inequality, Just Transition, Transition risks
Shifting to a sustainable economy will reshape the outlook for countries and sectors across the world. Managed well, the net zero transition could lead to more and better jobs as well as reduced risks from climate shocks. Managed poorly, however, it could result not ... continue reading

How the State Bank of Vietnam Deals With Climate Risks

and | 13 December 2022
Fiscal, Op-Eds | Tags: Central Banks, Climate Risk, Monetary Policy
In Vietnam, the central bank has successfully supported economic growth. However, by doing that, the State Bank of Vietnam (SBV) has also contributed – unintentionally – to fast-rising greenhouse gas emissions. ... continue reading

How to Ensure Climate and Environmental Risk Resilience of Central Bank Operations and the Financial System

23 November 2022 | Singapore
Monetary, Roundtables | Tags: Central Banks, Financial Supervision, Monetary Policy
CEP together with AMRO and SEACEN co-hosted a roundtable for central bankers and financial supervisors to exchange experiences, ideas and best practices on how to account for climate and environmental risks in central banking and financial supervision. The discussions covered (1) the challenges of climate ... continue reading

Is the Current Macroprudential Framework Fit for Climate Systemic Risk?

| 13 November 2022
Blog, Monetary | Tags: Central Banks, Climate Risk
Climate change and the transition to a low-carbon economy have a clear systemic dimension, and they potentially pose a systemic risk for the financial sector. This has been highlighted by several international and national financial authorities and urgently needs to be addressed. ... continue reading