Mandatory climate disclosures needed now – senior central bankers

Greening monetary policy operations should also be a priority, policy-makers say

fran-ois-villeroy-de-galhau-gouverneur-de-la-banque-de-france-hd-1-m-2
François Villeroy de Galhau

Central banks should mandate climate disclosure requirements in order to help the financial system transition to a net zero economy, according to senior policy-makers.

Speaking at the Bank for International Settlements’ Green Swan event today (June 2), François Villeroy de Galhau, governor of the Banque de France, said disclosures and stress tests would be essential.

“Disclosures will help financial markets to appropriately price climate related risks and ensure sufficient allocation of

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.