Tag: Financial Stability

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

The Swiss National Bank Struggles to Manage Climate Risks

| 6 January 2023
Monetary, Op-Eds | 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. ... continue reading

Is the Current Macroprudential Framework Fit for Climate Systemic Risk?

| 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. ... continue reading

“If Something Cannot Go on Forever, It Will Stop“

| 1 April 2021
Fiscal, Monetary, Policy Briefs | Tags: Covid-19, Debt, Democracy, Environment, Financial Stability, Health Systems, Inequality, International Cooperation, Resilience
“If something cannot go on forever, it will stop.” This famous observation was made by Herb Stein, Senior Fellow at the American Enterprise Institute. It became famous largely because it was just that, obvious. Yet, what is no less obvious is that public policy is ... continue reading

Financial Stability and Inequality: A Challenge for Macroprudential Regulation

| 5 June 2018
Monetary, Blog | Tags: Central Banks, Financial Regulation, Financial Stability, Inequality, Macroprudential Policy
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