Aligning Sovereign Bond Markets with the Net Zero Transition: the Role of Central Banks
Pierre Monnin,
Joseph Feyertag,
Nick Robins and
Alexander Wollenweber | 14 March 2024
Monetary,
Policy Briefs | Tags:
Central Banks,
Climate Risks,
Debt,
Financial Supervision
Aligning sovereign bonds with net zero requires coordinated action by several stakeholders across the financial system. National governments are first in line to act but central banks have a unique opportunity to make a meaningful contribution.
... continue reading
Net Zero Central Banking in Africa’s Diverse Economies: Challenges, Opportunities and Policy Options
Reuben Wambui,
Joseph Feyertag and
Pierre Monnin | 29 November 2023
Monetary,
Policy Briefs | Tags:
Africa,
Central Banks,
Climate Risks,
Financial Stability,
Inequality
Africa’s economies are contending with a diverse set of challenges and opportunities in relation to building low-carbon, green economies and the transition to net zero emissions. Central banks can play a pivotal role in enabling the green transition in Africa.
... continue reading
Building Climate Resilient Portfolios. The Case of the Bank of Japan’s Index-Linked ETF Holdings
Julia Anna Bingler and
Nemo Krüger | 28 November 2023
Monetary,
Policy Briefs | Tags:
Asset Purchases,
Central Banks,
Climate Risks,
Governing Finance,
Japan
Climate risks are financial risks that must be accounted for across all central bank operations and invested asset classes. Like for any other financial institution, all assets that central banks own – e.g., equities, bonds, and asset-backed securities – are exposed to climate risks.
... continue reading
Advancing Electric Mobility: The Key Role of Fiscal Policy and Regulation
Nicolas Benoit and
Patrick Lenain | 14 November 2023
Fiscal,
Policy Briefs | Tags:
Decarbonization,
Energy,
Industrial Policy,
Tax Expenditures,
Transport
In combination with public transport as well as autonomous and shared mobility, mass adoption of electric vehicles (EVs) is a tremendous opportunity to move toward an affordable, secure and clean transportation.
... continue reading