While there may be uncertainties around the impacts of climate change, one thing remains clear: all sectors will need to manage the transition to a low-emission economy. Physical risks of climate change – such as more frequent and severe floods, fires, drought and hurricanes – are already affecting the global economy. The financial system is no exception. Read the full commentary →
While the glass ceiling describes a vertical barrier to aspiration for women, the lesser-known glass cliff evokes a forceful descent. This is when women are more likely than men to be appointed to leadership roles during periods of crisis – when the risk of failure is highest.
Knut Sandal, director, payments analysis and innovation, and Peder Østbye, director of analysis at Norges Bank, discuss the settlement role of central banks should stablecoins gain traction.
Catalysing energy efficiency has been high on policy-makers’ agendas. This conversation discusses how to scale up growth and economic development while responsibly using natural resources and capital to support renewable energy.
This edition of the journal hones in on transition finance, exploring the role that taxonomies and government policies play in navigating a sustainable, net-zero future.
