How the State Bank of Vietnam Deals With Climate Risks
Pierre Monnin and
Patrick Lenain | 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.
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Is the Current Macroprudential Framework Fit for Climate Systemic Risk?
Pierre Monnin | 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.
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Bridging the Disconnects – From Diagnosis to Action in Addressing Climate-Related Financial Risks
Alexander Barkawi | 29 October 2021
Blog,
Monetary | Tags:
Central Banks,
Climate Risk,
Financial Regulation,
Macroprudential Regulation When the Financial Stability Oversight Council (FSOC) published its Report on Climate-Related Financial Risk last week, it triggered a wide range of reactions. Some praised it as a critical step in moving climate risks up the agenda amongst FSOC members such as the US Treasury,
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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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