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Central banks & regulators

Ecological destruction can drive downgrades, debt crises and soaring borrowing costs.
The de facto central bank of Hong Kong has backed global principles on climate risk management a week after publication.
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Study estimates that US state will pay additional $303m-$532m in interest on municipal bonds issued since legislation was introduced in September.
SGX has separately set up an advisory committee to scrutinise sustainability reporting frameworks for listed companies.
A 'more pragmatic approach' required to boost support for a social taxonomy after green wrangling, Finance Watch suggests.
The latest developments in sustainable finance: Enbridge escapes Church Commissioners divestment, DWP launches ‘green nudge’ trials.
Minister voices hope that the UK could be first country to mandate TNFD reporting; move to Canada confirmed for COP15.
Bipartisan working group of former SEC commissioners and chairs back regulator’s right to introduce climate rules, as asset owners call for disclosure proposal to go further.
New body to provide Canadian voice on development of ISSB standards.
Bank of International Settlements working group lays out 18 principles for banks and their supervisors to act as 'common baseline'.

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