Macroeconomic consequences of environmental degradation with the Central Bank of Chile
The Central Bank of Chile has been increasingly focused on the interaction between the environment and the economy. Elias Albagli, director of the central bank´s monetary policy division, joins OMFIF to analyse the macroeconomic consequences of environmental degradation and discuss the medium-term research agenda of the Environmental Economics Group within the bank. The virtual roundtable will explore how climate change and the depletion of natural resources can represent future financial risks, what challenges the central bank faces and how they can be addressed.
Speakers:Â
Elias Albagli, Director, Monetary Policy Division, Central Bank of Chile
Timings:
14:00-15:00 (London)
09:00-10:00 (New York)
21:00-22:00 (Singapore)
10:00-11:00 (Chile)
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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The Sustainable Finance Policy Tracker provides a comprehensive overview of different countries’ approaches to mitigating climate risks in the financial sector.
Covering 22 countries and jurisdictions, the tracker presents information on 14 areas that include regulatory and supervisory measures, climate stress testing activity, net zero strategies, green bond issuance and disclosure requirements.