Program: Monetary

Monetary Policy and Climate Change – Distinguishing Between a Protective and a Proactive Agenda

| 4 June 2024
Monetary, Policy Briefs | Tags: Central Banks, Climate Risks, Governing Finance
Central banks in many economies are striving to take account of climate change in their policies and operations. In this context, the important distinction between a protective agenda versus a proactive agenda is often blurred. ... continue reading

What Should Bank Supervisors Do About Climate Risks?

| 4 June 2024
Monetary, Policy Briefs | Tags: Central Banks, Climate Risks, Financial Supervision, Governing Finance
This paper considers the role of bank supervisory authorities with respect to climate change. The emerging consensus is that financial supervisors and regulators must address climate-related risks to banks and other financial institutions. The paper discusses potentially productive avenues for doing that in the near ... continue reading

Financial Regulation and Supervision in Switzerland – Looking Ahead

22 May 2024 | Bern, Switzerland | By Invitation
Monetary, Roundtables | Tags: Financial Governance, Financial Stability, Financial Supervision
Prudential regulation and supervision are central to ensuring the resilience and strength of the financial sector. However, effective prudential regulation and supervision cannot be taken for granted... ... continue reading

Aligning Sovereign Bond Markets with the Net Zero Transition: Key Findings and Debate

29 April 2024 | Online | Co-hosted with GRI-LSE
Monetary, Panel | Tags: Central Banks, Climate Risks, Debt, Financial Supervision
To celebrate the launch of a flagship policy report discussing the role of central banks in aligning sovereign bond markets with the net zero transition, the Grantham Research Institute at LSE and CEP are co-hosting an online debate. ... continue reading

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. ... continue reading