The Bank Policy Institute (Bank Policy Institute), which represents some of the largest 🇺🇸 US banks, has critiqued an 🇪🇺 @ECB report that found most banks face transition risk, claiming the central bank’s methodology is flawed. GreenCB.co/3Z2zXNY #ClimateChange

While many banks now publish transition plans, large differences exist in terms of scope, target-setting methods and the measurement of misalignment with climate goals, say Gaston Bronstering and Gerdie Knijp of Sustainable Finance Lab 🍃. GreenCB.co/478nRVh

🇦🇿 With over 50 taxonomies in use globally, the Central Bank of Azerbaijan (Central Bank of Azerbaijan) is planning to propose a single green taxonomy at #Cop29 in November. GreenCB.co/3AO1rwE

The Bank Policy Institute (Bank Policy Institute), which represents some of the largest US banks, has critiqued an @ECB report that found most banks face transition risk, claiming the central bank’s methodology is flawed. GreenCB.co/3Z2zXNY

The State Bank of Vietnam has announced changes to its sustainable banking framework in a bid to boost access to green credit for companies. The changes come as Vietnam seeks to wean itself off coal and ramp up renewable energy production. GreenCB.co/4cExdte

🇵🇭 The Bangko Sentral ng Pilipinas’ annual sustainability report found that biodiversity loss currently has minimal impact on the banking system, but warned climate change does pose a risk. Read more: GreenCB.co/4e9G72S #ClimateRisk #FinancialStability

While many banks now publish transition plans, large differences exist in terms of scope, target-setting methods and the measurement of misalignment with climate goals, say Gaston Bronstering and Gerdie Knijp of Sustainable Finance Lab 🍃. GreenCB.co/478nRVh

New study says AI’s advanced analytical capabilities can boost climate-resilient governance, but data quality and ethical concerns pose significant challenges. Read more: GreenCB.co/4e2FmIZ #AI #ClimateChange

🇦🇿 With over 50 taxonomies in use globally, the Central Bank of Azerbaijan is planning to propose a single green taxonomy at Cop29 in November. GreenCB.co/3AO1rwE

🇵🇭 The Bangko Sentral ng Pilipinas’ annual sustainability report found that biodiversity loss currently has minimal impact on the banking system, but warned climate change does pose a risk. Read more: GreenCB.co/4e9G72S #ClimateRisk #FinancialStability

🌍Forward-thinking central banks are trying to get their heads around ‘climateflation’. This week we explore how monetary policymakers can ensure their own actions to change interest rates don’t make it harder to mitigate and adapt to climate change: neweconomybrief.net/the-digest/cli…

While many banks now publish transition plans, large differences exist in terms of scope, target-setting methods and the measurement of misalignment with climate goals, say Gaston Bronstering and Gerdie Knijp of Sustainable Finance Lab 🍃. GreenCB.co/478nRVh

🇻🇳 The State Bank of Vietnam has announced changes to its sustainable banking framework in a bid to boost access to green credit for companies. The changes come as Vietnam seeks to wean itself off coal and ramp up renewable energy production. GreenCB.co/4cExdte

New study says AI’s advanced analytical capabilities can boost climate-resilient governance, but data quality and ethical concerns pose significant challenges. Read more: GreenCB.co/4e2FmIZ #AI #ClimateChange

With over 50 taxonomies in use globally, the Central Bank of Azerbaijan is planning to propose a single green taxonomy at Cop29 in November. GreenCB.co/3AO1rwE

A review by 🇫🇷 Banque de France identifies shortcomings in global integrated-assessment models used to assess nature loss, and urges modellers to stay up-to-date with the latest scientific research in order to allow for better scenario development. GreenCB.co/4eaPeR3

Join Beyond Bretton Woods, Green Central Banking & partners for an event exploring the Fed's lack of action on climate change: “The Fed's Race Against Climate Inaction” 📅 Monday 23 September: 8:00 - 10:15 EDT 📍 Ethic: 93 Hudson St NY 10013 To register visit: lu.ma/ewcv46jd

The Bangko Sentral ng Pilipinas’ annual sustainability report found that biodiversity loss currently has minimal impact on the banking system, but warned climate change does pose a risk. Read more: GreenCB.co/4e9G72S #ClimateRisk #FinancialStability