Brazil ended 2019 with virtually the same level of GDP that it had in 2012 and now the COVID-19 pandemic is likely to exert further downward pressure. Leveraging green finance may be the best way to tap more resources from domestic and foreign institutional investors now that sustainable investment is a growing necessity. In fact, the time is ripe for a green decade, argues Mario Mesquita in this post for the Sustainable Finance Leadership series. Read more
Just as unbridled climate change will do serious damage to the economy and its workers, so too will failure to improve human-capital management and safeguard workers’ wellbeing. That is why both climate action and social protections must be embedded in COVID-19 recovery strategies, argue Naïm Abou-Jaoudé and Nick Robins. Read more
Finance ministers have a unique opportunity to design and implement comprehensive stimulus packages that can drive a strong recovery and build a better future: so argues a new paper prepared at the request of the co-chairs of the Coalition of Finance Ministers for Climate Action and summarised in this commentary. Read more
A new paper published in Nature Climate Change shows that despite appearances to the contrary, the Nobel Prize-winning DICE ‘climate and economy’ model and the UN’s climate targets are in fact pulling in the same direction. Read more
Roberta Pierfederici explains why new climate scenarios are a crucial step forward for informing central banks’ and supervisors’ response to climate risk, but recommends improvements for the methodological framework. Read more
This briefing is designed to provide central banks and financial supervisors with an initial toolbox of options to align their COVID-19 crisis response measures with climate and sustainability objectives and mitigate potential sustainability risks. Read more
To tackle the challenges of climate change, more investment needs to be mobilised in low-carbon technologies and capital assets. This report examines the implications for firms as they diversify into the green marketplace. Read more
The COVID-19 crisis demonstrates the need to invest much more in pre-disaster risk reduction and preparedness for a range of risks, including climate change and its accompanying hazards such as flooding. But what, asks Swenja Surminski, does this kind of investment need to consider in practice – and why is ‘resilience’ not already widely taken into account when making policy and investment decisions? Read more
