Keeping Risks in Check. Towards a Comprehensive Reflection of Climate Risks on Central Bank Balance Sheets
Julia Anna Bingler | 27 February 2023
Monetary,
Blog | Tags:
Asset Purchases,
Central Banks,
Climate Risks,
Financial Governance Central banks have been highlighting the financial risks from climate change for several years. The fact that they are still not accounting for these risks across all their operations is striking. This must change.
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Is the Current Macroprudential Framework Fit for Climate Systemic Risk?
Pierre Monnin | 13 November 2022
Monetary,
Blog | Tags:
Central Banks,
Climate Risks,
Financial Stability,
Macroprudential Policy,
Systemic Risks Climate change and the transition to a low-carbon economy have a clear systemic dimension, and they potentially pose a systemic risk for the financial sector. This has been highlighted by several international and national financial authorities and urgently needs to be addressed.
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Bridging the Disconnects – From Diagnosis to Action in Addressing Climate-Related Financial Risks
Alexander Barkawi | 29 October 2021
Monetary,
Blog | Tags:
Central Banks,
Climate Risks,
Financial Regulation,
Macroprudential Policy When the Financial Stability Oversight Council (FSOC) published its Report on Climate-Related Financial Risk last week, it triggered a wide range of reactions. Some praised it as a critical step in moving climate risks up the agenda amongst FSOC members such as the US Treasury,
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