Macroprudential Systemic Capital Buffers to Address Climate Systemic Risks
10 March 2025 | 9.00-10.00 CET | Online | Co-hosted with AMRO Monetary,
Webinar | Tags:
Climate Risks,
Financial Stability,
Financial Supervision,
Macroprudential Policy,
Systemic Risks The webinar co-hosted with AMRO expores the key arguments presented in a policy brief on "Principles for Addressing Climate Systemic Risks with Capital Buffers", written by Satoshi Ikeda (Chief Sustainable Finance Officer, Financial Services Agency of Japan) and Pierre Monnin (Senior Fellow, Council on Economic
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Governing Insurance for Financial Stability and Environmental Sustainability
Jérôme Crugnola-Humbert | 20 December 2024
Monetary,
Policy Briefs | Tags:
Climate Risks,
Environmental Risks,
Financial Stability,
Insurance,
Macroprudential Policy Despite its links to climate and nature risks (for instance, through insurance against natural catastrophes), the insurance sector has so far received insufficient attention from most policymakers, regulators and supervisors.
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Financial Resilience in an Age of Environmental Change: Central Banks and Financial Regulators Feel the Heat
Sunil Sharma | 16 October 2024
Monetary,
Policy Briefs | Tags:
Climate Risks,
Financial Governance,
Financial Supervision,
Macroprudential Policy,
Systemic Risks In an era of chronic and acute disruptions, durable price and financial stability will require not just accounting for financial hazards, but also engaging in promoting a structural transition. With time running out and the world approaching critical ecological thresholds, central banks and financial regulators
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Principles for Addressing Climate Systemic Risks with Capital Buffers
Satoshi Ikeda and
Pierre Monnin | 10 October 2024
Monetary,
Policy Briefs | Tags:
Central Banks,
Climate Risks,
Financial Stability,
Financial Supervision,
Macroprudential Policy,
Systemic Risks Some supervisors have started exploring and assessing the different macroprudential instruments available to address climate systemic risks. Systemic capital buffers emerge as one promising option among the different instruments in their toolkits.
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Transition and Systemic Risk in the South African Banking Sector: Assessment and Macroprudential Options
Pierre Monnin,
Ayanda Sikhosana and
Kerschyl Singh | 22 July 2024
Monetary,
Research Papers | Tags:
Central Banks,
Climate Risks,
Financial Stability,
Macroprudential Policy,
South Africa This paper presents the main transition risks for the South African banking sector, highlighting that the coal value chain is central to these risks. It assesses the banking system’s exposure to transition risks in the corporate sector, showing that they are material and widespread.
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The Basel Committee’s Revised Core Principles for Effective Banking Supervision: Addressing Climate-Related Financial Risks in ASEAN+3
Aziz Durrani and
Julia Anna Bingler | 5 June 2024
Monetary,
Policy Briefs | Tags:
ASEAN+3,
BCBS,
Climate Risks,
Financial Supervision,
Macroprudential Policy This policy brief provides a detailed overview of the guidance that the Basel Committee on Banking Supervision (BCBS) has provided to financial institutions and their supervisors, in relation to assessing, quantifying and managing climate risks under Pillars I, II and III of the Basel framework.
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Addressing Climate-Related Financial Risks in ASEAN+3
Aziz Durrani and
Julia Anna Bingler | 5 June 2024
Monetary,
Blog | Tags:
ASEAN+3,
BCBS,
Climate Risks,
Financial Supervision,
Macroprudential Policy Whilst not all jurisdictions have adopted the Basel III banking supervision regime, the Core Principles target all financial supervisors globally. They serve as “the de facto minimum standard” for the “sound prudential regulation and supervision of banks and banking systems”...
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Financial Supervision and Emerging Risks: How to Implement the Basel III Recommendations for Climate Risk Supervision
17 April 2024 | Online | Co-hosted with AMRO Monetary,
Webinar | Tags:
Climate Risks,
Financial Supervision,
Macroprudential Policy The webinar highlighted the next steps required by financial supervisors to ensure the appropriate integration of climate risks in the Pillar 1 provisions of the Basel regime, with a focus on capital adequacy assessments and in macroprudential policy, with a focus on systemic risk buffers.
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Towards Macroprudential Frameworks for Managing Climate Risks
11 March 2024 | Online | 18h00 CET Monetary,
Panel | Tags:
Central Banks,
Climate Risks,
Financial Stability,
Macroprudential Policy In collaboration with E-axes Forum, we co-hosted a panel on macroprudential frameworks for managing climate-related financial risks.
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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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