Avoiding the worst impacts of a warming world will demand both a transition from the burning of fossil fuels to renewables and investment in climate adaptation and resilience. To date the overwhelming share of climate finance has focused on decarbonisation, with climate-proofing coming chiefly from governments to harden infrastructure against weather-related ravages.
While many banks now publish transition plans, large differences exist in terms of scope, target-setting methods and the measurement of misalignment with climate goals.
Thomas Moser, alternate member of the governing board at the Swiss National Bank, joins OMFIF to discuss the unified ledger concept and how tokenisation might improve cross-border payments.
Max Castelli, head of strategy, and Philipp Salman, director of strategy and advice, global sovereign markets, UBS Asset Management, discuss the latest trends in reserve management.
This edition of the journal examines the ways data, technology and artificial intelligence can help scale up transition finance and transform capital markets.
