But the 1/2  BIS central bankers' speeches  financial sector and financial authorities can and should nevertheless complement the fight against climate change, also with current public policy settings. What are the opportunities from the financial sector perspective? First, lots of profitable climatefriendly investment projects exist already. Some on a large scale.
Each Federal Reserve Bank has a BSA specialist and coordinator on staff, and, since the late 1980s, the Board’s Division of Banking Supervision and Regulation has included an anti-money laundering section, overseen by a senior official, to help coordinate these efforts.