Green Central Banking
@greencb
Green Central Banking publishes the latest news, research and policy proposals on central banking and climate change. Owned by Global 2050. www.greencentralbanking.com
The Bank of Japan lets banks define what counts as climate finance, and lending has passed US$130bn. Positive Money warns that weak rules risk refinancing misaligned activities. https://greencentralbanking.com/2026/07/17/weak-guardrails-risk-undermining-bojs-climate-lending-scheme-warns-thinktank/
Climate litigation is no longer a hypothetical for banks and insurers. More than 3,600 cases are underway across 62 countries, and financial firms are now targets. https://greencentralbanking.com/2026/07/10/climate-litigation-risk-banks-and-insurers-ecb/
China's asset managers must now prove their green funds are actually green. Funds branded "ESG" must align at least 80% of assets with their strategy. Experts are calling it China's SFDR. https://greencentralbanking.com/2026/07/01/china-launches-sfdr-style-disclosure-rules-for-sustainability-funds/
Japan issues 76% of the world's transition bonds. However, its gas-heavy spending risks normalising weak "transition" labels across Asia, warns the Energy Shift Institute. https://greencentralbanking.com/2026/05/06/japans-transition-bond-market-finances-gas-projects-that-barely-cut-emissions-report
Britain's new PM handed the Treasury to the ex-Defence Secretary, not climate champion Ed Miliband. The money tells the same story: 3.5% of the GDP going to defence by 2035, and only 0.5% to net zero. https://greencentralbanking.com/2026/07/22/in-the-uk-the-treasury-chooses-defence-over-climate/
New research finds that climate change has already cost the UK about 2% of its GDP. On a high-emissions path, damages climb to around 10% by 2100. Keeping warming under 2°C sharply limits the damage. https://greencentralbanking.com/2026/07/08/uk-economy-climate-risk-from-climate-change/
JP Morgan is one of the first banks to call climate tipping points an immediate cash-loss risk. But its report never mentions fossil fuels, a sector it put $192bn into in 2024. https://greencentralbanking.com/2026/05/14/jp-morgan-becomes-one-of-the-first-banks-to-look-at-climate-tipping-points/
The Bank of England now calls climate change an imminent risk to UK financial stability. Its 2026 disclosure warns a rapid repricing of gilts, bonds and equities could match recent market stress. https://greencentralbanking.com/2026/07/03/uk-financial-stability-climate-change-risk-say-boe/
Thirty of the world's biggest insurers were asked to stop underwriting fossil fuel expansion in the Coral Triangle, the most biodiverse marine ecosystem. Only one said yes: France's SCOR. https://greencentralbanking.com/2026/06/15/insurers-back-lng-coral-triangle-expansion-despite-climate-risk/
Clearing a rainforest can make a country's debt look more sustainable. On paper, at least. That is the blind spot that GDP or Gross Domestic Product was never built to catch. Swipe to see the metric that's trying to replace it. #GrossEconomicProduct #BeyondGDP #HealthyEcosystems #GreenFinance
The Bank of England just told banks that coal bonds aren't good enough to borrow against. We broke down what changes on October 31st, and why campaigners are calling it a precedent. Read: https://shorturl.at/REwES #ClimateFinance #GreenCentralBanking #BankOfEngland #ClimateRisk #NetZero
Going a step beyond the European Central Bank which has so far only applied discounts not exclusions, the Bank of England just told banks that coal bonds aren't good enough to borrow against. Read: https://shorturl.at/VnYm0 #ClimateFinance #GreenCentralBanking #BankOfEngland #ClimateRisk #NetZero
France's central bank's new governor Emmanuel Moulin has pledged to continue the green leadership his predecessor built; however, his confirmation hearings show him leaning in on some climate measures, and holding back on others. Learn more: https://shorturl.at/CfCaA
Norway's $2.3 trillion oil fund built the best climate-risk radar on the planet. Then it ignored almost everything the radar told it. The reason why says a lot about the limits of climate finance. 👇 Read the full article here: https://lnkd.in/e3z9u-D7
Every company produces emissions. Scopes 1, 2 and 3 are the standard framework for calculating a company's carbon footprint, but data gaps and accounting flaws remain. Our latest explainer breaks down what each scope actually measures. Read: https://shorturl.at/PZvUp
Nigeria is turning to green bonds to finance its green projects and was the first African nation to issue a sovereign green bond. But there are challenges, with critics saying projects financed by green bonds in Nigeria face inadequate monitoring. https://greencb.co/4uhC4cz
🇺🇸🇨🇳 @climateandcap.bsky.social’s @petermckillop.bsky.social takes a look at how Kevin Warsh’s “Contraband” climate doctrine could hand China a green finance edge. greencb.co/4catNlf
As we look back on 2025, we’ve selected six charts that show what happened in the world of climate finance. Here’s one of the six charts - click through to read the article for the other 5. greencb.co/4pd16XL
7️⃣ The NGFS vowed to continue helping the financial sector manage #ClimateRisks. Whether it’s the #CleanEnergy boom, new climate leaders emerging, or the global south forging ahead on its own terms, there is much from the past year to celebrate.
5️⃣ Bank Indonesia is helping transform the country’s financial institutions into green banks, according to deputy director Heru Rahadyan. 6️⃣ At the Africa Climate Summit, leaders outlined a shift in how the continent positions itself in the global #GreenEconomy.
3️⃣ In a landmark ruling, the International Court of Justice concluded that countries can be held legally accountable for their carbon emissions. 4️⃣ China is leading on green banking, with the People’s Bank of China given a clear mandate to focus on climate issues.
1️⃣ 91% of new #renewable projects are now cheaper than fossil fuel alternatives, according to @irena-official.bsky.social. 2️⃣ Renewables provided more than 40% of the world’s electricity in 2024, reports @ember-energy.org.
Reporting on climate change focuses on the increasingly severe global situation, making it easy to miss the success stories. Here are seven moments of progress from 2025 by @moriahcosta.bsky.social, Emma Thomasson & @ingridwss.bsky.social 👇 https://greencb.co/4jbfPkt
As physical #ClimateRisk grow, @banquedefrance-off.bsky.social is building new macroeconomic methodologies to identify vulnerabilities in the French economy. 🇫🇷 “There is no one-size-fits-all solution for physical risk analysis,” says BdF’s Léopold Gosset. 👇 https://greencb.co/4j5AwP7
🎙️ @greencb.bsky.social spoke with Luiz Awazu Pereira da Silva - former @bis.org deputy - on adapting climate scenarios to fiscal policy. He warns that while #TippingPoint must be considered, traditional economic tools aren’t built for these climate “non-linearities.” https://greencb.co/4p2vRiZ
⚠️ @worldwildlife.org warns that climate change & nature loss are eroding the foundations of global insurance markets, threatening households, businesses & public budgets. “Forests, mangroves or wetlands are crucial” to increasing resilience, says Kirsten Schuijt. https://greencb.co/3WOkVZJ
Global Tipping Points Report from @exeter.ac.uk finds the world has already crossed a #ClimateTippingPoint. 🪸 ⚠️ Experts warn that these tipping points remain largely missing from economic and financial models. https://greencb.co/4hP5H0i @professorstevekeen.bsky.social
🇪🇺 Frank Elderson said the @ecb.europa.eu would not be taking a step back on climate and nature risks. Climate-related risks will continue to feature in the supervisory priorities despite political headwinds. https://greencb.co/3ICRdU9 #ClimateRisk
🇺🇸 As Trump rolls back green policies, @federalreserve.gov’s former climate committee chair Kevin Stiroh told GCB’s @moriahcosta.bsky.social that central banks are within their mandate to consider physical and transition risks from climate change. https://greencb.co/3KQi7IX
5️⃣ Credible supervision: Supervisors should be watchdogs, not box-tickers. 🐾 Simpler frameworks let regulators focus on real threats, not paperwork. That builds trust & strengthens the system’s integrity. 🏛️