Raskin says US ready to lead in climate battle, 10 questions for ECB strategy review, and more
THE WEEKEND REVIEW – OMFIF
Latest opinion and analysis from OMFIF around the world
1-5 March 2021, Vol.12 Ed.9
Raskin says US ready to lead in climate battle: The US must ‘make up for a lost four years’ of action against climate change, one of the country’s most influential policy-makers said at an OMFIF event. Sarah Bloom Raskin, former deputy secretary of the US Treasury, told OMFIF of the ‘unequivocal commitment’ of President Joe Biden’s administration to address the threat of climate change. This presents the US with a new opportunity to adopt a leadership position in sustainable finance, writes Philip Moore.
10 questions for ECB strategy review: The conclusion, due in September, of the European Central Bank’s drawn-out strategy review is likely to reignite tensions within its governing council after a period of solidarity and consensus in fighting the Covid-19 crisis. Here are 10 issues to watch in the first comprehensive examination of the bank’s monetary policy since 2003, writes Danae Kyriakopoulou.
Evolution of Asia’s cities: OMFIF’s Tamara Singh speaks with Julian Vella, co-head of infrastructure at KPMG in Hong Kong, and Zheng Yu, professor at the school of international relations and public affairs at Fudan University, about the evolution of Asia’s special economic zones. They cover emerging trends and delve into the differences between special economic zones, charter cities and smart cities.
Overcoming the roadblocks to CBDC: Wolfram Seidemann, chief executive officer of G+D Currency Technology, joins John Orchard, CEO of OMFIF, to discuss how to overcome the major roadblocks, concerns and challenges of introducing a central bank digital currency. Other points covered include universal usage, financial inclusion, resilience and data privacy.
Time to get serious about cryptocurrencies: In an industry that is characterised by caution and a conservative approach towards other people’s savings, institutional investors have steered clear of digital assets. Times are changing. The demand for technological disruption has never been greater, writes Stephen Stonberg.