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Green Central Banking @greencb.bsky.social · 5h

After the East & SE Asia Green Central Banking Scorecard launch, Bangko Sentral ng Pilipinas’ Pia Tayag spoke to GCB's @moriahcosta.bsky.social

🇵🇭 The Philippines is facing disasters from climate change & BSP is working to make its financial system resilient to the risk

How the Philippines' central bank is helping financial institutions become climate resilient

Climate change has made flooding worse in the Philippines. Its central bank wants its financial sector to become more resilient and adapt to climate change risk.

greencb.co

Green Central Banking @greencb.bsky.social · 10h

As per @positivemoneyuk.bsky.social’s East & Southeast Asia Green Central Banking report, Japan 🇯🇵 & the Republic of Korea 🇰🇷 are underperforming in their green central banking policies relative to the size of their economies & historic share of emissions.

Japan and South Korea underperforming on their green central banking policies, report finds

While some progress has been made, Japan and the Republic of Korea's green central banking policies are lagging relative to their size and emissions.

greencb.co

Green Central Banking @greencb.bsky.social · 21h

And a big thanks to everyone else who participated and contributed to the event. 🙏

Green Central Banking @greencb.bsky.social · 21h

However, World Bank’s @espagneetienne.bsky.social shared his research, which shows that while Chinese firms operate many mines, the ‘equitable ownership’ is frequently held by American investors, leaving developing countries with limited gains from their own resources. ⚒️💰

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Green Central Banking @greencb.bsky.social · 21h

Another theme at the conference was geopolitics.

Dinita Setyawati of @ember-energy.org, highlighted how China’s south-south cooperation has secured its strategic partners across East & SE Asia & the Global South. 🇨🇳

While the US is viewed as out of touch with local priorities.

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Green Central Banking @greencb.bsky.social · 21h

Panellists also considered whether sustainability overlooks real people?

🇪🇺 In the EU, social-risk reporting has become overly complicated, obscuring real harms such as worker exploitation or community costs.

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Green Central Banking @greencb.bsky.social · 21h

One of the questions at the debate: does meaningful sustainability threaten competitiveness by creating unnecessary complexity & compliance costs?

Eila Kreivi of Finnvera, described how well-intended proposals often become tangled in political battles.

#EUOmnibus

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Green Central Banking @greencb.bsky.social · 21h

Sustainability leaders gathered in #Madrid for the “finance on the brink” conference — by @greencb.bsky.social, EBI & @uc3m.es — capturing a pivotal moment for #GreenFinance. GCB’s @ingridwss.bsky.social takes a look at the key discussions from the event. 👇

Finance on the brink: central banking tackles sustainability’s hard truths

Madrid’s central banking summit confronted the hard truths of sustainable finance, urging bold innovation and pragmatic realism to navigate climate and regulatory challenges.

greencb.co

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Green Central Banking @greencb.bsky.social · 23h

🏦 Banks had more than USD$1.1tn in exposures to fossil fuels on their balance sheets in 2023, a new report from @financewatch.bsky.social found.

That’s why there’s a need for a systemic climate risk buffer, said Julia Symon, one of the authors of the report.

Climate risk buffer needed to mitigate banks' climate change losses, says nonprofit

It’s been 10 years since Canadian prime minister Mark Carney made his landmark speech on the tragedy of the horizons when he was governor of the Bank of

greencb.co

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Green Central Banking @greencb.bsky.social · 1d

🇪🇺 Frank Elderson said the @ecb.europa.eu would not be taking a step back on climate and nature risks.
Climate-related risks will continue to feature in the supervisory priorities despite political headwinds.

https://greencb.co/3ICRdU9

#ClimateRisk

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Green Central Banking @greencb.bsky.social · 2d

After the East & SE Asia Green Central Banking Scorecard launch, Bangko Sentral ng Pilipinas’ Pia Tayag spoke to GCB's @moriahcosta.bsky.social

🇵🇭 The Philippines is facing disasters from climate change & BSP is working to make its financial system resilient to the risk

How the Philippines' central bank is helping financial institutions become climate resilient

Climate change has made flooding worse in the Philippines. Its central bank wants its financial sector to become more resilient and adapt to climate change risk.

greencb.co

Green Central Banking @greencb.bsky.social · 2d

🏦 Banks had more than USD$1.1tn in exposures to fossil fuels on their balance sheets in 2023, a new report from @financewatch.bsky.social found.

That’s why there’s a need for a systemic climate risk buffer, said Julia Symon, one of the authors of the report.

Climate risk buffer needed to mitigate banks' climate change losses, says nonprofit

It’s been 10 years since Canadian prime minister Mark Carney made his landmark speech on the tragedy of the horizons when he was governor of the Bank of

greencb.co

1

Green Central Banking @greencb.bsky.social · 2d

If global warming continues unabated, it could wipe almost a quarter off per capita income by 2100, according to a new study by @kmohaddes.bsky.social and Mehdi Raissi from the climaTRACES Lab at the University of Cambridge.

Unchecked climate change could erase almost a quarter of GDP per capita by 2100

If global warming continues unabated, it could wipe almost a quarter off per capita income by 2100, and the losses could be even higher in hotter and

greencb.co

Green Central Banking @greencb.bsky.social · 4d

We are navigating an era of deep uncertainty, writes Sunil Sharma, in part due to a growing, formidable threat: environmental degradation.

Sharma proposes 5 pillars for a resilient financial system - read the full article to find out more.

https://greencb.co/3KQb2YA

#ClimateRisk

Financial resilience in an age of climate change

Huge uncertainty over how environmental changes will affect financial stability means a new approach is needed to guard against crisis, says Sunil Sharma.

greencb.co

Green Central Banking @greencb.bsky.social · 4d

This week in The Dispatch:
🏦 @dnb-nl.bsky.social to enforce climate risk rules for pensions & insurers by 2026
🇨🇦 Canada’s stress test finds banks vulnerable to long-term climate shocks
🌿 @ecb.europa.eu study warns nature risks are missing from bank models

Subscribe now
greencb.co/newsletter-bs

Newsletter

greencb.co

Green Central Banking @greencb.bsky.social · 4d

Elderson also cautioned against excluding too many companies from the corporate sustainability reporting directive (CSRD).

Pointing out: 🇪🇺European banks are at a competitive advantage in global #SustainableFinance & maintaining this is crucial.

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Green Central Banking @greencb.bsky.social · 4d

Frank Elderson says the @ecb.europa.eu will not step back on climate & nature risks — even amid political headwinds.

ECB research shows extreme weather could cut up to 5% of euro area output in 5 years & would be on par with the great financial crisis.

greencb.co/3ICRdU9

ECB's Elderson: No stepping back on climate

The ECB will take a business-as-usual approach to bank climate risk management, but proposed changes to CSRD could challenge those efforts, said ECB executive member Frank Elderson.

greencb.co

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Green Central Banking @greencb.bsky.social · 5d

🏦 Banks had more than USD$1.1tn in exposures to fossil fuels on their balance sheets in 2023, a new report from @financewatch.bsky.social found.

That’s why there’s a need for a systemic climate risk buffer, said Julia Symon, one of the authors of the report.

Climate risk buffer needed to mitigate banks' climate change losses, says nonprofit

It’s been 10 years since Canadian prime minister Mark Carney made his landmark speech on the tragedy of the horizons when he was governor of the Bank of

greencb.co

3 2

Green Central Banking @greencb.bsky.social · 5d

#Sustainability has entered the pension world—trustees are asking: can pensioners’ best interests include climate risks?

A 2025 legal opinion says yes: UK trustees can consider future living standards — incl #ClimateResilience — in investment decisions.

https://greencb.co/4gyIcYE

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Green Central Banking @greencb.bsky.social · 5d

If global warming continues unabated, it could wipe almost a quarter off per capita income by 2100, according to a new study by @kmohaddes.bsky.social and Mehdi Raissi from the climaTRACES Lab at the University of Cambridge.

greencb.co/42mmQYK

Unchecked climate change could erase almost a quarter of GDP per capita by 2100

If global warming continues unabated, it could wipe almost a quarter off per capita income by 2100, and the losses could be even higher in hotter and

greencb.co

1 1 1

Green Central Banking @greencb.bsky.social · 6d

We are navigating an era of deep uncertainty, writes Sunil Sharma, in part due to a growing, formidable threat: environmental degradation.

Sharma proposes five pillars for a resilient financial system - read the full article to find out more.

greencb.co/3KQb2YA

#ClimateRisk

Financial resilience in an age of climate change

Huge uncertainty over how environmental changes will affect financial stability means a new approach is needed to guard against crisis, says Sunil Sharma.

greencb.co

Green Central Banking @greencb.bsky.social · 6d

#GreenCentralBanking roundup:

✅ Leaders outline Africa-led green finance strategy
🇪🇺 EU court dismisses Austria’s challenge to nuclear & gas taxonomy inclusion
🇬🇭 Bank of Ghana accelerates green finance integration for SME competitiveness

And more 👇

Roundup: African leaders lay groundwork to ‘design world’s climate economy’

Calls for African-led solutions at climate summit, EU court upholds nuclear’s place in green taxonomy, Ghana advances green finance and more in this week's roundup.

greencb.co

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Green Central Banking @greencb.bsky.social · 7d

#Sustainability has entered the pension world—trustees are asking: can pensioners’ best interests include climate risks?

A 2025 legal opinion says yes: UK trustees can consider future living standards — incl #ClimateResilience — in investment decisions.

https://greencb.co/4gyIcYE

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Green Central Banking @greencb.bsky.social · 7d

🇨🇦 @senrosagalvez.bsky.social: “The results underscore the urgent need to continue building institutional capacity to fully integrate climate-related risks into financial decision-making that impacts the Canadian economy.”

#ClimateTransition

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Green Central Banking @greencb.bsky.social · 7d

While short-term resilience looks strong, OSFI warns many climate hazards intensify non-linearly — small warming shifts could trigger outsized losses, especially in concentrated sectors. 🌡️📉

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