Continuing to provide a consistent policy response in the current macro-financial environment requires the countercyclical role of macroprudential policy to be strengthened by ensuring that releasable buffers are available. Ultimately, the microprudential and macroprudential functions will need to rely on each other to provide successful prudential policies that ensure financial stability and support financial intermediation. [1] See Constâncio, V. (ed.) et al.
According to the United Nations, a sustainable future hinges on the achievement of 17 goals by 2030. In particular, goals such as global prosperity with no poverty and zero hunger, quality education, equality, decent work, access to clean water, affordable energy, justice, strong institutions and climate action feature prominently on the sustainable development roadmap.