{"id":48500,"date":"2019-12-10T14:25:34","date_gmt":"2019-12-10T14:25:34","guid":{"rendered":"https:\/\/www.lse.ac.uk\/granthaminstitute\/?post_type=publication&#038;p=48500"},"modified":"2024-08-16T12:23:18","modified_gmt":"2024-08-16T11:23:18","slug":"building-a-sustainable-financial-system-the-state-of-practice-and-future-priorities","status":"publish","type":"publication","link":"https:\/\/www.lse.ac.uk\/granthaminstitute\/publication\/building-a-sustainable-financial-system-the-state-of-practice-and-future-priorities\/","title":{"rendered":"Building a sustainable financial system: the state of practice and future priorities"},"content":{"rendered":"<!DOCTYPE html PUBLIC \"-\/\/W3C\/\/DTD HTML 4.0 Transitional\/\/EN\" \"http:\/\/www.w3.org\/TR\/REC-html40\/loose.dtd\">\n<?xml encoding=\"UTF-8\"><p>Efforts to align the global financial system with climate security and sustainable development are entering a new phase. Five years ago, only a handful of central banks were addressing the significance of the environmental crisis for the delivery of their mandate. Today, a growing number of central banks, along with supervisors across banking, insurance, pensions and securities, are moving from the recognition of their role in building a sustainable financial system to the implementation of a growing range of measures.<\/p>\n<p>This paper charts the rise of central bank and supervisor action on climate change and wider sustainability issues, analyses the key features of the &lsquo;new normal&rsquo; and highlights priority themes for policy and research in the years ahead.<\/p>\n<p>Published by Banco De Espa&ntilde;a as part of Issue 37 of its <a class=\"link link--external\" rel=\"noopener\" href=\"https:\/\/www.bde.es\/bde\/en\/secciones\/informes\/boletines\/Revista_de_Estab\/\" aria-describedby=\"link-description-new-window\" target=\"_blank\" title=\"\">Financial Stability Review&#65279;<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewbox=\"0 0 16 16\" role=\"img\" aria-hidden=\"true\"><path d=\"M14.42 1.04L3.2.7a.8.8 0 00-.8.76v.1a.8.8 0 00.76.7l9.39.3L.93 14.16c-.3.3-.3.8 0 1.1l.09.08c.3.23.73.2 1.01-.07L13.65 3.65l.29 9.4a.8.8 0 00.8.76.79.79 0 00.77-.8L15.17 1.8a.82.82 0 00-.75-.76z\" fill=\"#2e3152\"><\/path><\/svg><\/a>.<\/p>\n<p><a class=\"link link--external\" rel=\"noopener\" href=\"https:\/\/www.bde.es\/f\/webbde\/GAP\/Secciones\/Publicaciones\/InformesBoletinesRevistas\/RevistaEstabilidadFinanciera\/19\/noviembre\/Building_sustainable_financial.pdf\" aria-describedby=\"link-description-new-window\" target=\"_blank\" title=\"\">External link to publication&#65279;<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewbox=\"0 0 16 16\" role=\"img\" aria-hidden=\"true\"><path d=\"M14.42 1.04L3.2.7a.8.8 0 00-.8.76v.1a.8.8 0 00.76.7l9.39.3L.93 14.16c-.3.3-.3.8 0 1.1l.09.08c.3.23.73.2 1.01-.07L13.65 3.65l.29 9.4a.8.8 0 00.8.76.79.79 0 00.77-.8L15.17 1.8a.82.82 0 00-.75-.76z\" fill=\"#2e3152\"><\/path><\/svg><\/a><\/p>\n\n","protected":false},"excerpt":{"rendered":"<!DOCTYPE html PUBLIC \"-\/\/W3C\/\/DTD HTML 4.0 Transitional\/\/EN\" \"http:\/\/www.w3.org\/TR\/REC-html40\/loose.dtd\">\n<?xml encoding=\"UTF-8\"><p>This paper charts the rise of central bank and supervisor action on climate change and wider sustainability issues, analyses the key features of the &lsquo;new normal&rsquo; and highlights priority themes for policy and research in the years ahead.<\/p>\n\n","protected":false},"author":23,"featured_media":0,"template":"","tags":[1158,1085],"publication-type":[1682],"topic_area":[4712,4713],"class_list":["post-48500","publication","type-publication","status-publish","hentry","tag-central-banks","tag-sustainable-finance","publication-type-policy-publications","topic_area-central-banks-and-other-financial-institutions","topic_area-global-financial-system"],"acf":{"exclude_from_sync":{"ref_value":"field_560538b0e7350","value":"0","type":false,"post_type":""},"downloads":{"ref_value":"field_52f16cc1a80f2","value":false,"type":"repeater","post_type":""},"rss_newsletter":{"ref_value":"field_54f5c2c1544d8","value":"","type":false,"post_type":""},"profile_link":{"ref_value":"field_52f164b5189e9","value":["simon-dikau","nick-robins","matthias-tager"],"type":"relationship","post_type":"profile"},"spotlight":{"ref_value":"field_52f80896506d3","value":"","type":false,"post_type":""}},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - 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