Recent research suggests that the impact of climate change on economic output might have been underestimated. Senne Aerts, Livio Stracca and Agnieszka Trzcinska highlight advances in understanding and measuring the economic impact of climate change and the remaining uncertainties
Understanding the economic losses from climate change Read More »
Climate and nature-related risks are significant financial risks. Frank Elderson argues that they therefore fall within the respective mandates of central banks and supervisors – to preserve price stability and ensure the safety and soundness of banks
Sustainable finance: from ‘eureka!’ to action Read More »
Climate change will have a significant impact on our economies and financial systems. Ravi Menon discusses the NGFS’ efforts to support a successful transition towards net zero
Central banks and supervisors step up climate action Read More »
Sabine Mauderer argues that reducing uncertainty about climate change will help us to embrace the opportunities of the green transition
Looking at the opportunities – on the way to a sustainable economy Read More »
Berg et al argue that it would be welfare-enhancing if policy changes were to follow a predictable longer-term path, and suggest a role for financial regulation in the transition
Climate regulation and financial risk: the challenge of policy uncertainty Read More »
The ECB will contribute within its mandate to tackling climate change, acting in tandem with those responsible for climate policy, says Christine Lagarde
Climate change and central banking Read More »
