The response to climate change is often hindered by a lack of public information. To many, the issues are too abstract or vague, contrasting with the tangibility of a global pandemic. At the Central Bank of Iraq, we believe that central banks are essential in combating climate change. Although it is difficult for central banks to integrate climate change risks into their frameworks and modelling, they can still play a role in studying the impacts of climate change and encouraging the transition to net zero.
African sovereigns should prepare for green bond opportunities By Philip Moore With global volatility and rising yields making it hard for emerging market sovereigns, now would be a good time for African borrowers to progress their plans to launch green, social and sustainable issuance programmes.
MEETINGS Policy responses to high inflation and the energy crisis Wednesday 27 July, Roundtable Jens Ulbrich, director general of economics at the Deutsche Bundesbank, discusses German and European policy responses to the energy crisis and losing Russia’s natural gas supply. He also gives an overview of economic and monetary developments.
ON DEMAND UK economic landscape Andrew Bailey, governor of the Bank of England, discusses how the impact of Covid-19 and the influence of longer-term structural forces will affect the economic landscape and policy-making in the years to come.
LATEST REPORT Global Public Investor 2022 More than 75% of the central banks surveyed for the 2022 edition of Global Public Investor believe inflation will be sustainably higher or more volatile for a prolonged period. Just 20% of reserves managers think inflation will be transitory.
