Monetary policy must consider climate risks, Outlook for money market funds
Wednesday 8 September 2021 – Vol.12 Ed.36.3
Commentary: Time for central banks to stop dithering over climate change
By Urjit Patel in New Delhi
Economic activity, of practically any and every kind, is strongly integrated with greenhouse gas emissions. But decades after climate change became important in public discourse, climate considerations seem to be ignored in monetary policy ‘reaction functions’ of central banks. Ignoring climate risks will complicate macroeconomic management, much like overlooking financial risks led to the 2008 financial crisis.
Read the full commentary on the website.
Meeting: The future of money market funds
Tuesday 14 September, 16:00-17:00 BST
Following the Covid-19 crisis, regulators have been reviewing their stance on parts of the financial ecosystem. OMFIF is convening this panel discussion to analyse money market funds. Ahead of the G20 summit in Rome, panellists will put forward their thoughts on the events in March 2020, the importance of a constructive dialogue and data review between regulators and the market, and the way forward for the industry.
Register to attend here.
