INSPIRE

This paper explores how transition plans could offer a technical solution to the challenge of integrating transition risks into the prudential framework. Read more

This paper discusses the different macroprudential options available to financial regulators and supervisors to address climate-related systemic risks. Read more

This paper explores how central banks can design green credit policy to bring down inflation while supporting the low-carbon transition. Read more

A new global framework for the protection of nature was adopted at COP15, with material targets for 2030. This commentary outlines their particular relevance for the financial sector and its efforts to halt nature loss. Read more

The impacts of biodiversity loss call for urgent and transformative changes to economic and financial systems. This paper discusses the need to extend the scope of central banks’ approach to the environmental crisis. Read more

This Final Report provides the conclusions of the NGFS-INSPIRE Study Group on Biodiversity and Financial Stability on the scale of the threats from 'biodiversity-related risk' to the global financial system, reviews the actions that central banks, supervisors and other financial actors are already taking in response, identifies policy options for evaluating and mitigating financial risks arising from biodiversity loss and makes recommendations for near-term action. Read more

Biodiversity loss poses a significant and under-appreciated threat to financial stability, and central banks and financial supervisors should act to confront nature-related risks, according to a new report published today (24 March 2022) by a group of central bankers, financial supervisors and academic researchers. Read more

Nick Robins and Ma Jun examine how the financial sector should respond to the global biodiversity crisis, which, with climate change, is threatening the global economy. Read more