Climate risk has been driven to the core of policy-making, but there is no consensus on how public investors, central banks, sovereign funds and public pension funds should respond. Isabelle Mateos y Lago, deputy head of the official institutions group at BlackRock, joins OMFIF’s Danae Kyriakopoulou to discuss the roles and responsibilities of official institutions to incorporate climate risk. They assess the dynamics at play from physical climate risks and policy-related changes, the impact of differing central bank mandates on climate policies, and developments in elaborating standardised methodology.
