Tag: Central Banks

Central Banks and the G20 Agenda: Ensuring Policy Coherence

and | 14 March 2019
Monetary, Policy Briefs | Tags: Central Banks, Inclusiveness, Sustainable Development
The G20 has come a long way in pulling economies back from the brink. Yet, a lot remains to be done in its pursuit of inclusive and sustainable growth. Its leaders have continuously highlighted the urgent need to use all policy levers in targeting its ... continue reading

Governing Finance and Sustainability

21-22 January 2019 | Zurich, Switzerland | By Invitation
Monetary, Roundtables | Tags: Central Banks, Financial Regulation, Governing Finance
As highlighted by Benoît Coeuré from the ECB in his keynote on “Monetary Policy and Climate Change” last November, there is an accelerating momentum to move sustainability up financial market agendas worldwide. A key aspect of this development is the growing acceptance that the nexus ... continue reading

Central Banks Should Reflect Climate Risks in Monetary Policy Operations

| 10 September 2018
Monetary, Policy Briefs | Tags: Asset Purchases, Central Banks, Climate Risk, Collateral Framework
The transition to a low-carbon economy requires a shift in capital allocation from incumbent carbon-intensive technologies to new low-carbon technologies. Financial markets play a key role in this process: they influence firms’ investment costs and serve as reference point in investors’ decisions. Currently, there ... continue reading

Climate Change and Finance: What Role for Central Banks and Financial Regulators?

, , , , and | 7 September 2018
Blog, Monetary | Tags: Central Banks, Climate Change, Environment, Financial Regulation
Climate change poses risks to the financial system. Yet our understanding of these risks is still limited. As we explain in a recent paper published in Nature Climate Change, central banks and financial regulators could contribute to the development of methodologies and modelling tools for ... continue reading

Financial Stability and Inequality: A Challenge for Macroprudential Regulation

| 5 June 2018
Blog, Monetary | Tags: Central Banks, Financial Regulation, Financial Stability, Inequality, Macroprudential Regulation
The global financial crisis shed new light on the role that central banks play for financial stability. In response to the financial turmoil, central banks took radical action to stabilize the financial system, by providing liquidity to banks and buying up financial assets. Following these ... continue reading