| The cost of catastrophe: rebuilding from disaster |
| By Sarah Moloney |
| In 2024, climate catastrophes cost the global economy $320bn. This was 30% higher than the year before, making it the most expensive year on record for natural disasters. As devastating wildfires burn in Los Angeles, 2025 could prove to be even dearer. Read the full commentary → |
2025 could be the tipping point for India’s economic aspirations
By Udaibir Das
The historical resonance of 2025 cannot be overstated. It marks the halfway point to achieving the United Nations’ Sustainable Development Goals, reflecting progress and challenges in poverty alleviation, gender equality and climate action.
MEETINGS
Joachim Nagel on central banks and the future of transition finance
Thursday 13 February, Lecture
Joachim Nagel, president of Deutsche Bundesbank, joins OMFIF and the University of Glasgow to take stock of the progress in driving the green transition since COP26 in 2021. He explores the necessary scale of climate investments in the euro area and the potential instruments to finance them.
ON DEMAND
From plans to impactful strategies transforming transition finance
Yara Aziz, economist at OMFIF’s Economic and Monetary Policy Institute, speaks with Ashleigh Lee, co-lead secretariat of the City of London Corporation’s Transition Finance Market Review, to discuss the findings of the Transition Finance Market Review report.
LATEST REPORT
Promoting European integration through digital innovation
OMFIF’s Future of payments forum brought together representatives from central banks, scheme operators, regulators, commercial banks and technology providers to unpack the progress and challenges in upgrading the payments infrastructure within Europe.
