Archive

Capital markets union essential for EU's climate transition, says head of French central bank

Europe needs to unlock hundreds of billions of euros by finalising the Capital Markets Union (CMU) and harnessing Europeans' private savings for investing in the climate transition, according to a prominent central banker.

Europe needs more green securitisations, says head of French central bank

'Green securitisations' could be key to unlocking "several hundred billion euros a year" for the energy transition - helped by a common European issuance platform of such instruments, the head of the French central bank has said.

Financial institutions have high exposure to companies with transition potential, central bank says

French financial institutions are highly exposed to corporates with the potential to meet the criteria of the EU sustainability taxonomy, research by the Banque de France says.

Banque de France projects 40% hit to shares in burst of 'green bubble'

A theoretical 'green bubble' in stock markets could see the value of shares in companies developing 'clean technologies' such as electric vehicles and renewables tank by as much as about 40% and lead to widespread bankruptcies, the Banque de France has projected.

Banque de France sharpens focus on nature

The central bank is exploring how to build nature data into its investment strategy, writes Michael Hurley

Energy transition race for metals 'could threaten financial stability'

Rapid growth in demand for metals critical for the energy transition "could threaten both price and financial stability", in particular in economies such as those in the EU, researchers at the Banque de France have warned.

People moves 7 April: Sustainable Fitch, Zurich, IIGCC, Symbiotics ... and more

Comment: Are SLBs correctly pricing transition risk?

Is transition risk really being priced in effectively by fixed income markets? Sustainability-linked bonds provide some useful insights into how it is not, Ahren Lester argues

Interest rate rises 'choking off' green investments

Interest rate rises risk 'choking off' capital-intensive green investments, a report by Positive Money has warned.

Include stress tests, transition plans in capital rules, says central banker

The governor of the Banque de France has recommended including climate-related stress tests and transition plans in the Basel framework for banking supervision.