For the first time in decades regardless of external and domestic disruptions, the central bank is providing monetary and financial stability, two essential public goods for sustainable development. BIS Review 85/2008  3  We know that the country has a long history of macroeconomic instability. Monetary regimes have unsuccessfully shifted from one extreme to the other.
While a majority disclose the impact of their business travel, commuting and other energy usage, most of a financial institution’s exposure to climate-related risk likely stems from its financial activities. Only five of these large banks and insurers partially disclose the impact of their financial assets, and none of them provide full disclosure.5 That is why regulators have pushed for much greater disclosure.