Climate Change: Managing Financial Risks and Green Finance Initiatives

In 2022, it is no longer a question of whether central banks should address climate change, but rather how and when.

For central banks, their contribution can be separated into three parts: as market players in both domestic and foreign operations; as supervisors and the institution responsible for financial stability, and thirdly as institutions themselves, their operations and impact. Yet, questions remain around how to incorporate these shifts into existing mandates and objectives and the practical and communication challenges that in turn presents. More broadly, how they bring together these efforts at an institutional, strategic level will come into focus.

This course is designed to equip central bankers to meet these challenges.