Interview with Lyn Javier of Bangko Sentral ng Pilipinas
Climate change exposes economies to physical and transition risks to the soundness of their financial institutions and the stability of their overall financial systems. Governments, financial markets, and financial institutions need financial resources, instruments, and skills to forestall these risks- threatening economic resilience and competitiveness.
This session focused on these topics:
- Assessing climate financial risk in the finance sector
- Setting supervisory expectations for climate risk management in the finance sector
- Micro- and macroprudential options for supervisors