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Separately, the ECB has published research on different types of carbon emissions regulations and what these could achieve,
Leaked documents have signalled the direction of future EU prudential rules around climate.
India flag flying
India is currently behind its peers on the development of a green taxonomy.
It follows a period of study on the topic building on the Bank’s 2021 climate change adaptation report.
More legal pushback on anti-ESG legislation and investigations expected.
Climate change from drought to green growth
The FSB has called on central banks to work across jurisdictions to overcome data and modelling limitations.
Investors in cryptocurrency do not seem to have considered the impact of regulations and climate risk, the ECB warns.
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