Tag: Targeted Refinancing Lines

A Guaranteed Win for the Climate: Sustainable Loan Guarantees and Sustainable Loan Guarantee Facilities

 , and | 8 February 2022
Monetary, Blog | Tags: Central Banks, Climate Change, Targeted Refinancing Lines
In order to limit global warming to the levels set in the Paris agreement, an immense amount of additional investment has to be directed into sustainable technologies – a difference of between $610 billion (IEA 2020) and $2 trillion (IRENA 2020) per year as compared ... continue reading

For PBOC’s New Green Lending Tool, Transparency and Verification Are Key

 | 10 December 2021
Monetary, Op-Eds | Tags: Central Banks, China, Climate Change, Targeted Refinancing Lines
Global efforts to expedite the transition to a sustainable future require a significant shift in financial flows. The institutions governing finance play a vital role in achieving this objective. Central banks stand at the heart of this endeavor and are increasingly rising to the challenge. ... continue reading

Aligning Central Bank Refinancing Operations with the G20 Agenda

 and | 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 ... continue reading

Monetary Policy Operations and Financial Regulation to Green the Financial System

 22 February, 2021 18.00 CET | Online
Monetary, Panel | Tags: Asset Purchases, Financial Regulation, Monetary Policy Operations, Targeted Refinancing Lines
The panel discussion will explore policy options – large-scale asset purchases, long-term refinancing operations, collateral framework and prudential regulation – to green the financial system, as well as debate their feasibility and effectiveness. ... continue reading

The Case for Climate Objectives in Central Banks’ Targeted Refinancing Operations

 | 12 February 2021
Monetary, Blog | Tags: Central Banks, Climate Risk, Policy Coherence, Targeted Refinancing Lines
Central banks are making increasing use of targeted refinancing operations to pursue their mandates. However, so far none of them, with a few exceptions in developing economies, has aligned its targeting with the objective of a transition to a low-carbon economy. This must change. Refinancing ... continue reading
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