Tag: Green Finance

Inclusive Green Finance: a New Agenda for Central Banks and Financial Supervisors

and | 23 June 2023
Monetary, Policy Briefs | Tags: Financial Inclusion, Green Finance
Through an integrated inclusive green finance (IGF) approach, central banks and financial supervisors can enable a just transition to an environmentally sustainable economy and avoid potential adverse effects on economically vulnerable groups. ... continue reading

Greening Financial Governance: Lessons from China

| 13 January 2022
Monetary, Discussion Notes | Tags: China, Governing Finance, Green Finance, Macroprudential Policy
China’s turn towards green financial governance has causes and consequences that are instructive for policymakers elsewhere. This paper traces the evolution of rules and regulations designed to guide China’s financial system towards supporting green firms and projects since the 1990s. It outlines four domestic reasons ... continue reading

Climate Risk and Financial Systems of Latin America: Regulatory, Supervisory and Industry Practices in the Region and Beyond

, , , and | 18 December 2019
Monetary, Discussion Notes | Tags: Central Banks, Climate Risk, Financial Regulation, Green Finance, Latin America
In Latin America and the Caribbean (LAC), regional supervisors and regulators have not yet explicitly included nor addressed climate-related risks in binding regulations and/or supervisory measures for the financial sector. This implies significant work ahead for the LAC financial sector to develop effective and complete ... continue reading

Scaling up Green Finance: The Role of Central Banks

8 – 9 November, 2018. Co-organized with the Central Banks and Supervisors Network for Greening the Financial System
Monetary, Workshops | Tags: Central Banks, Climate Change, Green Finance
The transition to a low-carbon economy requires shifting trillions from brown to green activities. Several reports estimate that more than USD 90 trillion will be needed to adapt our infrastructure in a way that is consistent with the 2°C scenario. Given that the horizon of ... continue reading

Central Banking and Green Finance

28-29 November, 2017. Co-organized with De Nederlandsche Bank
Monetary, Workshops | Tags: Climate Change, Financial Regulation, Green Finance
When the Leaders of the G20 met in China in 2016 they highlighted the necessity to scale up green financing. They also endorsed efforts to “provide clear strategic policy signals and frameworks” to target this objective. The question to what extent central banks can and ... continue reading