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Policy Point: Is climate change a key risk to global financial stability?

At the end of October, governor of the Reserve Bank Adrian Orr boldly asserted in a speech that climate change is “a key risk to global financial stability.” He made the case for urgent “transformation” as an “important, imminent, and personal” issue. Although the Reserve Bank Act does not mention climate change, the RBNZ is responsible for financial stability. Read more

Dr Bryce Wilkinson
Policy Point
2 November, 2020

Orr adds more heat than light on emissions

Last week the Governor of the Reserve Bank Adrian Orr issued a call to action on climate change. Titled “Progressing Climate Action by Driving Transformational Change” it sounded like a political stump speech. Read more

Stuff
2 November, 2020

Podcast #32: Matt Burgess on the RBNZ’s curious climate speech

In this week’s New Zealand initiative podcast, a speech by Reserve Bank governor Adrian Orr touched on climate change and social transformation as part of his thinking in achieving future financial stability. But the content of the speech caught the attention of analyst Matt Burgess not necessarily for what was said, but what the governor left out. Read more

Podcast
30 October, 2020

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