Taming the green swan: Asia Pacific prudential regulation in the face of climate risks
This is the second article in a series examining how Asia Pacific central banks are responding to the climate crisis – read the first article. The story on climate is clear: there needs to be a comprehensive policy response in order to transition to a low-carbon economy. This is true for Asia Pacific in particular, as […]
Greening the financial system – from ambition to action
As one of the mega-diverse countries in the world, a lot of weight falls on Malaysia’s shoulders in the fight against climate change and biodiversity loss. Malaysia has experienced drought, landslides, storm surges, and the large majority of its climate hazards losses are attributable to flooding with estimated losses of around US$1.3 billion. Climate change […]