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German central bank studies physical climate risk in bond portfolio

BIS says its AI tool 'is game changer for green finance' ... but beware the hallucinations

A tool that uses artificial intelligence (AI) to analyse corporate climate reports has been hailed as a "game changer for green finance", because of its ability to automate the rapid extraction of data.

Germany to raise €2bn from inaugural 2024 green bonds

German central bank's Mauderer to lead NGFS

NGFS transition plan 'stocktake' due this week

The Network of Central Banks and Supervisors for Greening the Financial System (NGFS) will publish its "stocktake" on transition plans this week, which one official said will demonstrate how "inconsistent" the global picture is.

We cannot ignore nature, warns German central bank

The profitability of banks will be put at risk if they continue to ignore nature-related risks, Deutsche Bundesbank's Sabine Mauderer warned,...

Central bank collateral, asset purchase policies should be tied to climate reporting requirement, says Bundesbank

Eurozone central banks should require issuers to meet certain climate-related reporting obligations before securities are accepted as collateral or purchased, according to the German central bank head.

19 EU central banks adopt common sustainable investment principles

Candriam: Investors need policy support to drive transition

Candriam's Wim Van Hyfte says the president of the Bundesbank is wrong to suggest that not all areas of sustainable finance are a central bank's domain. He tells Michael Hurley why

Bundesbank chief rejects risk weighting adjustment for green assets

Climate risks impact on the core tasks of central banks but “it would be wrong to want to use banking regulations to set climate policy incentives, for example by granting risk weighting ‘discounts’ for ‘green’ assets,” said Bundesbank president Jens Weidmann.