Joined October 2020
"Central banks and supervisors have made a strong commitment to ensuring that financial intermediaries –first among them banks and insurers– take better account of climate-related financial risks" - D. Beau (Deputy Governor @banquedefrance) ▶ Read more: acpr.banque-france.fr/sites/…
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Green RWA retweeted
Christine Lagarde is expected to make the European Central Bank a pioneer in fighting climate change. Economists surveyed by the FT anticipate a reduction in purchases of bonds issued by big carbon emitters. @MAmdorsky explains. #ClimateCrisis on.ft.com/2MnTZyV
Green RWA retweeted
6 days until the Climate Ambition Summit! The summit will provide a platform for leaders to come #TogetherForOurPlanet to commit the finance needed to accelerate #ClimateAction Today's focus is...🥁 📈 Finance More on the #COP26 Finance Campaign: 👉 bit.ly/3lig5i1
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Climate change and environmental degradation will increasingly affect banks’ balance sheets. The ECB is therefore stepping up its efforts and scrutiny to strengthen banks’ resilience against related risks. Read more in the Supervision Newsletter bankingsupervision.europa.eu…
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Good conference to attend
🗓️ #Savethedate - Online conference on “#GreenFinance Research Advances” on December 9th co-organized by the Banque de France and @LouisBachelier, with the participation of @I4CE_ & @FinForTomorrow. More info & registration 👉 bit.ly/3kcgL8l
Interesting, in the interim for a PM in Australia to make a national commitment!
Australia’s largest financial companies are targeting net-zero emissions by 2050: “There is an urgent imperative for Australia’s finance sector to act to remain globally competitive in a world increasingly prioritizing a sustainable economy” bloomberg.com/news/articles/… via @business
The debate is heating up on economic impact of Net 0 initiative on economy. We need models and quantitative analysis to have a rational discussion.
CFTC on board with active regulation on that matter
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Cheers to TD Bank
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At this stage, most of us are aware now, it is about solutions.
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"We will never have perfect information on the risks of climate change, but we do know that climate change holds far-reaching implications for New Zealand’s financial system" - Adrian Orr (Governor @ReserveBankofNZ) ▶ Read more: rbnz.govt.nz/-/media/Reserve…
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