As financial sector authorities around the world develop tools to protect financial systems from the risks associated with climate change, the Banco Central do Brasil is no exception. In Brazil, home to most of the Amazon rainforest, the central bank has been implementing measures focused on sustainability over the past few years and recently published its first climate risk evaluation exercise as part of its Financial Stability Report.
Roberto Nygaard, head of the systemic division in the financial system monitoring department, and Fernando Linardi, systemic risk coordinator, join the Sustainable Policy Institute to discuss the BCB’s work on stress testing and scenario analysis tools.
09:00-10:00 (New York)
11:00-12:00 (Rio de Janeiro)
Roberto Nygaard, Head of the Systemic Division in the Financial System Monitoring Department, Banco Central do Brasil
Fernando Linardi, the Systemic Risk Coordinator, Banco Central do Brasil
This meeting will be conducted under the OMFIF Rules.
This virtual discussion is part of the OMFIF Sustainable Policy Institute. The SPI is a high level community which brings together central banks, sovereign funds, public pension funds, and their counterparts in asset management, banking and professional services to explore policy, regulatory and investment challenges posed by environmental, social and governance themes. See more information on OMFIF’s SPI here.
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