🌍 Our latest paper explores how to integrate adaptation and resilience into #TransitionPlans, supporting the G20’s 2025 priority to scale up #AdaptationFinance. ✅ Includes a maturity pathway to develop adaptation metrics & targets and practical guidance. Read more.

🌍 The NGFS has released two new notes to help financial institutions & supervisors strengthen climate transition plans — plus a new infographic summarizing key findings since 2023. Explore how robust targets & scenario analysis can support transition planning.⤵️.

🎙 In conversation with. If you want to learn more about the Central Bank of Malta's involvement with the #NGFS, take a look at our latest interview with Ms Wendy Zammit, Head of Financial Stability Surveillance & Research Department at the @centralbankmt. Read more below ⤵️.

📺 On 12th May, the NGFS presented its first short-term climate macro-financial scenarios capturing near-term shocks to the economy and the financial sector on a time horizon of three to five years. Find the replay of the session and the presented slides at the link below ⤵️.

🎙 In conversation with. If you want to learn more about the SARB’s involvement with the #NGFS, take a look at our latest interview with Ms Fundi Tshazibana, Deputy Governor of the @SAReserveBank, Chief Executive Officer of the Prudential Authority. Read more below⤵️.

The #NGFS has just published its first short-term climate scenarios!. Curious to learn more?.• Read the full publication below. • Register for our online launch event on 12th May at 1 PM CEST:

🎙 In Conversation with. If you want to learn more about the Reserve Bank of India’s involvement with the #NGFS, take a look at our latest interview with Mr. M. Rajeshwar Rao, Deputy Governor at the @RBI. Read more ⤵.

🔔 The #NGFS Plenary meeting, hosted by the @RBI in New Delhi, brought together 160+ central banks, supervisors and financial authorities. This meeting reinforced the NGFS’s determination to tackle #climate and #nature-related risks for the financial sector. Find out more ⤵️.

🎙 In conversation with. If you want to learn more about the Bank of Ghana’s involvement with the #NGFS, take a look at our latest interview with Elsie Addo Awadzi, Second Deputy Governor at @thebankofghana. Read more below ⤵️.

📗 The #NGFS has today published its Conceptual Note on #Adaptation. It will be presented and discussed during a launch #event at 10:30am on 14 November, at the Australian Pavilion of #COP29 in Baku. Watch the launch event: . Read more⤵️.

RT @BIS_org: Session recordings from the #GreenSwanConference are now available! Experts, central bank Governors and executives discussed t….

RT @BIS_org: Coming up this week – experts, central bank governors and private sector executives discuss the impact of climate change on th….

RT @BIS_org: On 9 November, join the #GreenSwanConference livestream and follow the discussion between François Villeroy de Galhau of @banq….

RT @BIS_org: The BIS, @NGFS_, @BancoDeEspana and @Bank_of_Japan_e have organised the fourth edition of the #GreenSwanConference. Join the l….

🎙 In Conversation with. If you want to learn more about the Banco de la Republica’s involvement with the #NGFS, take a look at our latest interview with Joaquin Bernal, Advisor to the Governor at @BancoRepublica. Read more ⤵.

Read more about the NGFS's work on climate change, the macroeconomy and monetary policy here:. [10/10]

When it comes to climate change, even though central banks may have different mandates, all are concerned by the need to understand the macroeconomic shocks and forces shaping their economies (which are likely to differ across jurisdictions). 📗 [9/10].

📊 Central banks have been developing their analytical toolkits to understand the macroeconomic impacts from climate change and the transition. 📗 [8/10]

Moreover, how policies are implemented will also have macroeconomic implications. Climate change and the transition may also impact the long-run equilibrium real interest rate (R*). 📗 [7/10].

🌳 Climate transition policies vary in their macroeconomic impact: some materialise similarly to negative supply shocks, while others may present similarly to demand shocks, requiring different considerations for monetary policy. 📗 [6/10]