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Central banks prepare for "decisive" 2020 for climate change action
02 April 2020The Network for Greening the Financial System (NGFS) said 2020 will be a "decisive year", as the group of central banks warned the coronavirus crisis should not overshadow the pressure building for climate action in the financial system.
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Carney: Prudential regulation should avoid climate policy by 'back door'
31 March 2020Former Bank of England (BoE) governor Mark Carney has warned against using prudential regulation to implement climate policy "by the back door".
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Banque de France reveals further details of 2020 stress test
17 January 2020The French central bank will in March publish the scenarios it will use to conduct climate stress tests of the country's banks and insurers, it has been revealed.
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Will the taxonomy deliver?
12 July 2019Will the EU's taxonomy succeed in boosting the flow of finance to a low-carbon economy, asks Elena K Johansson
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Central banks are 'not leading by example' on climate change
08 July 2019Central banks have started playing "a crucial role" in mobilising the institutions they supervise to address climate risks, but "seem more hesitant to lead by example" when it comes to their own investments, a report argues.
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Central banks send powerful climate risk message with landmark report
17 April 2019A report by some of the world’s most influential central banks and supervisors has sent a shot across the bow of the investment community by signalling that climate-related risk is near the top of their agenda.
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French regulator calls for ‘green and brown’ taxonomy
12 April 2019France’s financial regulator has called for the rapid introduction of a formal definition of investments that are beneficial or detrimental to the environment – a so-called taxonomy of ‘green’ and ‘brown’ assets.
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Supervising an orderly transition
21 January 2019Why is the Bank of England increasingly focusing on climate change? Sarah Breeden explains its approach to Peter Cripps
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Banque de France and I4CE form climate finance partnership
23 July 2018The Banque de France and the Institute for Climate Economics (I4CE) are forming a partnership to exchange expertise and increase the financial sector's awareness of climate risks and opportunities.
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Banque de France calls for 'brown penalising factor'
09 April 2018The idea of raising capital requirements on assets with high sustainability risks, by means of a so-called 'brown penalising factor', has won support from François Villeroy de Galhau, governor of the Banque de France.