Submitted by E.M. Williams on Fri, 11/09/2015 - 17:58
15 September 2015 – Ahead of a series of meetings of central banks and financial regulators in September, CISL and partners have issued a briefing for policymakers to summarise the current thinking on the links between financial stability and environmental (and social) risks.
The briefing for policymakers has been issued by the University of Cambridge Institute for Sustainability Leadership, CISL (working with and on behalf of the Banking Environment Initiative, BEI), the UNEP Finance Initiative and the UNEP Inquiry into the Design of a Financial System.
The briefing draws on an Expert Dialogue between the worlds of Science and Finance that the parties jointly convened in Cambridge in April 2015, as well as a number of bilateral engagements with central banks and regulators, and builds on the original study commissioned by CISL and UNEP FI, ‘Stability and Sustainability in Banking Reform – Are Environmental Risks Missing in Basel III?’.
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