Monetary Policy and Climate Change – Distinguishing Between a Protective and a Proactive Agenda
Timothy Lane | 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.
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What Should Bank Supervisors Do About Climate Risks?
Mark E. Levonian | 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
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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.
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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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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.
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