Page 2 - Supervisors Network News Today

The models that underpin the central bank's climate risk management exercise are deeply flawed and unsuited to the task at hand.

The European Central Bank (ECB) is the central bank of the 19 European Union countries which have adopted the euro. Our main task is to maintain price stability in the euro area and so preserve the purchasing power of the single currency.

The United Nations Environment Programme's Principles for Sustainable Insurance initiative is this week scheduled to give a progress update on the Sustainable Insurance Facility, an initiative to deve...

The United Nations Environment Programme's Principles for Sustainable Insurance initiative is this week scheduled to give a progress update on the Sustainable Insurance Facility, an initiative to deve...

<p><span>ISDA welcomes the European Securities and Markets Authority’s (ESMA) work on developing an approach on climate risk stress testing of central counterparties (CCPs) and that ESMA has chosen to consult with the market on its views how to incorporate climate risk into such stress tests.</span></p>

India’s energy transition is underway, but is India’s banking sector ready to address related challenges and tackle the financial impacts of climate change? A new report says major Indian banks are “unprepared” to address climate change even though the country’s banking sector has a critical role to play in responding to the climate crisis by […]

Asserting that India is actively contributing to global efforts towards green finance, the Economic Survey...

Asserting that India is actively contributing to global efforts towards green finance, the Economic Survey 2021-22 said that the Reserve Bank of India (RBI) has joined the Central Banks and Supervisors Network for Greening the Financial System ...

The nomination of Lael Brainard to Federal Reserve vice-chair is as much a diplomatic posting as a central banker job.

RBI said that it is committed to integrating climate-related risks into financial stability monitoring.