Nature, Finance and the Macroeconomy: Risks, Impacts and Feedback Effects
19-20 October 2023 | Kuala Lumpur, Malaysia Conferences,
Monetary | Tags:
Central Banks,
Climate Risk,
Financial Risks,
Financial Supervisors,
Macroprudential Policy,
Nature Risks Nature loss and degradation have implications in the fields of macroeconomics, finance, and environmental policy studies. The conference held in Kuala Lumpur addressed these questions.
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Governing Finance and Climate Change – The Role of Central Banks and Financial Supervisors in Addressing Climate-Related Financial Risks
13 April 2023 | Washington, D.C., United States Monetary,
Panel | Tags:
Central Banks,
Climate Risks,
Financial Supervision The Institute for International Economic Policy (IIEP) at GWU, in partnership with the Council on Economic Policies, recently hosted a morning event on Governing Finance and Climate Change in Washington.
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Climate Risks in Albania and their Relevance to the Central Bank
Margerita Topalli and
Pierre Monnin | 14 March 2023
Monetary,
Policy Briefs | Tags:
Central Banks,
Climate Change,
Financial Stability,
Sustainable Finance Climate change has far-reaching impacts, both in breadth and magnitude that are starting to affect the economy and society in Albania. Mitigating them and positioning the Albanian economy on a sustainable path requires important structural transformations and investments.
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Keeping Risks in Check. Towards a Comprehensive Reflection of Climate Risks on Central Bank Balance Sheets
Julia Bingler | 27 February 2023
Monetary,
Blog | Tags:
Asset Purchases,
Central Banks,
Climate Risks,
Financial Governance Central banks have been highlighting the financial risks from climate change for several years. The fact that they are still not accounting for these risks across all their operations is striking. This must change.
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The Swiss National Bank Struggles to Manage Climate Risks
Pierre Monnin | 6 January 2023
Monetary,
Commentary | Tags:
Central Banks,
Climate Risk,
Financial Stability In Europe and elsewhere, central banks are implementing measures to contain financial risks associated with climate change in their asset portfolios. The Swiss National Bank is not among the leaders in this area.
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Supporting the Just Transition: a Roadmap for Central Banks and Financial Supervisors
Pierre Monnin and
Nick Robins | 22 December 2022
Monetary,
Policy Briefs | Tags:
Central Banks,
Financial Inclusion,
Financial Supervision,
Inequality,
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
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How the State Bank of Vietnam Deals With Climate Risks
Pierre Monnin and
Patrick Lenain | 13 December 2022
Monetary,
Commentary | Tags:
Central Banks,
Climate Risk 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.
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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 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
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Is the Current Macroprudential Framework Fit for Climate Systemic Risk?
Pierre Monnin | 13 November 2022
Monetary,
Blog | Tags:
Central Banks,
Climate Risks,
Financial Stability,
Macroprudential Policy,
Systemic Risks 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.
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