Climate risks, the macroprudential view

12/12/2023 BCE Visiter le site source

By Ludivine Berret, Jean Boissinot, Marianna Caccavaio, Michael Grill, Paul Hiebert and Fabio Tamburrini

This is the fifth post in our series accompanying COP28.

Climate change can endanger financial stability. The ECB Blog looks at how a common macroprudential policy framework could complement microprudential initiatives to make the financial system more resilient.