Paving the Way for Greener Central Banks. Current Trends and Future Developments around the Globe

Contributors, p. 9-14
List of abbreviations, p. 15-19
Foreword, by Lorenzo Kamel, p. 21

Introduction: Paving the Way for Greener Central Banks. Current Trends and Future Developments around the Globe, by Nicola Bilotta and Fabrizio Botti, p. 23-29

1. Monetary Policy Operations and Climate Change: The Case of the ECB, by Chiara Colesanti Senni, Andrew McConnell and Boyan Yanovski, p. 31-45
1.1 Asset purchases
1.2 Collateral framework
1.3 Targeted longer-term refinancing operations
Conclusion
References

2. The US Federal Reserve: Policy Initiatives and Legal Constraints in Addressing Climate Change, by Christina Parajon Skinner, p. 47-60
2.1 The Fed’s evolving response to climate
2.2 Climate monetary policy
2.3 Climate regulation and supervision
2.4 Data-gathering and international collaboration
2.5 Limiting principles: The constitutional separation of powers
References

3. Sustainable Central Banking in Asia: Addressing the Environmental Challenges, by Simon Dikau, p. 61-81
3.1 Addressing financial stability implications of environmental risks
3.2 Scaling up sustainable mitigation and adaptation finance
Conclusions and policy implications
References

4. How Are Central Banks in Africa Addressing Climate-related Risks and Supporting Mitigation and Adaptation Policies?, by Rim Berahab and Afaf Zarkik, p. 83-109
4.1 Central banks and climate risks: Increasingly recognised risks but limited scope for action
4.2 African benchmark: How are African central banks including climate-related risks in their actions?
4.3 Main findings and conclusions
References

5. Central Banks in Latin America: Actions for Sustainability, Including Mitigation and Adaptation Policies for Climate-Related Risks, by Viviane Helena Torinelli and Serafín Martínez-Jaramillo, p. 111-132
5.1 International cooperation towards sustainability and climate-risk management
5.2 Functions of CBs
5.3 Overview of climate-related actions by CBs in Latin America
Conclusion
References

6. IMF Surveillance and Climate Change Transition Risks: Exploring Implications for IMF Policy Advice, by Jon Sward and Niranjali Amerasinghe, p. 133-155
6.1 Introduction: Article IV surveillance and climate risk
6.2 Methodology: An overview of the research approach
6.3 Key findings: IMF surveillance potentially exacerbating transition risks in IMF members
Conclusion: Connecting the dots between a just energy transition and IMF policy advice
References

7. Green Investments from Sovereign Wealth Funds: The Case of Russia, by Yaroslav Lissovolik, p. 157-171
7.1 The role of sovereign wealth funds in advancing green development
7.2 International experience of green investments from SWFs
7.3 Russia’s National Wellbeing Fund
7.4 The green debate around Russia’s National Wellbeing Fund
Conclusion
References

8. ESG Investing: Toward a Common Framework, by Claude Lopez, p. 173-186
8.1 Investors’ standpoint
8.2 Firms’ standpoint
8.3 Toward global standards
8.4 Necessary next steps
Concluding thoughts
References

Conclusion, by Jürgen Braunstein, p. 187-189