Nikki Eames
Green central banking goes mainstream, but words aren’t yet matched by actions
29 November, 2022November 29, 2022 This article was originally posted on the Green Central Banking Scorecard website. Since the release of the first Green Central Banking Scorecard two years ago, green central banking appears to have gone mainstream. The vast majority of the world’s major economies recognise climate change as a threat to financial stability and are conducting research [...]
Slavery & the Bank: acknowledgement is not action
15 June, 2022June 15, 2022 Positive Money staff team recently took a guided tour of The Bank of England Museum “Slavery & the Bank” exhibition, which explored how the Bank, its Governors and Directors, the City of London, and Britain as a whole was linked to, and benefited from, the slave trade. Despite recognising its historical responsibility [...]
How currency power constrains climate action
2 December, 2021December 2, 2021 ‘Climate finance’ commitments are woefully inadequate while inequalities in currency power force Global South countries to extract environmentally costly goods, and export them to the Global North. To end the outsourcing of emissions and remove the restrictions imposed on climate vulnerable countries, we need a new international monetary system. As COP26 has [...]
Still too many promises and not enough action from G20 central banks
2 November, 2021November 2, 2021 With the 'Finance' day at COP26 approaching, have the world’s biggest central banks and financial supervisors stepped up to the plate on climate? Far from it — we’re keeping tabs with an update to our G20 green central banking scorecard. China lost its top spot to France, the UK slipped behind the [...]