For the past few years, environmentalists have voiced concern that we’ve passed a tipping point of climate change. Even if we achieve drastic reductions in emissions, they fear, the current levels of carbon dioxide in the atmosphere may inexorably increase its temperature… 306 more words
Tags » Financial Stability Board
Financial Stability Board and its working group, the Task Force, has published its recommendations for companies related to climate change and financial disclosures. This working group was established in December 2015 to set a voluntary, consistent disclosure for companies. 312 more words
Companies with a combined market value of more than $3.3 trillion — equivalent to all the goods and services produced annually by Germany — threw their weight behind Carney’s final report on climate change.
Race to the Top: The Case for the Financial Stability Board. Peterson Institute for International Economics. Policy Brief 17-12. Nathan Sheets. April 2017
The Financial Stability Board (FSB) has helped strengthen international financial regulatory standards, and as a result, the global economy—and hence the US economy—is more resilient and better able to support strong, sustainable, and balanced growth. 153 more words
Shadow banking is now worth trillions, and we have no idea how risky that is for our financial system
The fast-growing financial intermediaries known as shadow banks have provided a valuable service over the past decade, filling gaps in what traditional banks offer with innovative products and platforms. 701 more words