Home Banking Biden’s climate challenges: China, data, turf wars; Accelerate the UK’s CBDC, beware Britcoin

Biden’s climate challenges: China, data, turf wars; Accelerate the UK’s CBDC, beware Britcoin

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Biden’s climate challenges: China, data, turf wars; Accelerate the UK’s CBDC, beware Britcoin

Commentary: Biden’s climate challenges: China, data, turf wars

By Danae Kyriakopoulou, David Marsh and Mark Sobel

The US is firing on all cylinders on climate finance but a long, tortuous campaign is only just beginning. Issues ranging from dealing with China to standards for data disclosures and administration ‘turf wars’ show that the US is a long way from resolving conflicts that could upend the fight against global warming. In coming months, US policy-makers will have to navigate many tricky technical and economic concerns.

Read the full commentary on the website.

Commentary: Accelerate the UK’s CBDC, beware Britcoin

By Philip Middleton in London

The UK has an opportunity to garner the benefits of a central bank digital currency, see off looming threats and build a critical element of its 21st century digital infrastructure. Consultations should be swift. Let’s hope that one thing gets dropped in the process: the Britcoin tag. The UK’s CBDC plan doesn’t need headline-grabbing slogans or marketing gimmicks. It requires substance and speed.

Read the full commentary on the website.

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