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COP29: Governments urge more finance for food systems decarbonisation

COP29: NGFS publications tackle adaptation and climate finance

NGFS says updated scenarios signal two-to-four-times higher physical impacts

The Network for Greening the Financial System (NGFS) group of central banks and supervisors has called for more ambitious policies to tackle the 'first order' risk of climate change, as its updated scenarios showed two-to-four-times bigger physical impacts than its previous iterations.

NGFS warns of inflationary impact of climate policy missteps

Central bankers have been warned that increased action by policymakers to limit climate change risks feeding inflation, if it is not "credible" and clearly signposted, according to the Network for Greening the Financial System (NGFS).

Trio of reports to set out importance of policy reform to spur climate finance

Central banks face higher risk of monetary policy mistakes due to climate change, NGFS says

The increasing frequency and intensity of floods, earthquakes and heatwaves due to climate change is likely to make it harder for central banks to forecast inflation and productivity, thereby raising the risk of "mistakes", a group of central banks has suggested.

Judging the credibility of transition plans, part two

Investors preparing for a wave of transition plan disclosures face a complicated task to determine 'what good looks like', Michael Hurley writes

Central banks face tough questions to balance climate work and inflation, NGFS says

Plans by central banks to escalate monetary policy measures to tackle climate-related financial risks may have to be revisited to consider their utility in the current raised interest rate environment, according to the Network for Greening the Financial System (NGFS).

Voluntary carbon market needs to 'push down the doors of big corporates' on waste

Amidst growing investor demand for voluntary carbon credits linked to waste projects, GRAIN Ecosystem has told Environmental Finance that more needs to be done to "push down the doors" of big corporates to help scale up the market.

People Moves, 8 July: Lloyds, Bridges, IFRS, ESG Book, Permira ... and more