We collaborated with the Ministry of Economy and Finance, the cooperative banking groups and Federcasse to better understand the problems linked to the reform and to support the cooperative credit system in adapting to the new regime.
Central banks can help by considering how the physical and transition impact of climate change can be included in macroeconomic forecasting and financial stability monitoring. Also, central banks can help by integrating climate-related risks into prudential supervision, engaging with financial firms to ensure that climate-related risks are understood and integrated in risk management and investment.