Finance › Speeches › Haruhiko Kuroda

Sustainable finance - entering a new phase of implementation

· Haruhiko Kuroda, Governor of the Bank of Japan (Japan)

Summary written by Dark Majestic in its own words · topics: climate, energy and nature

HK
· Haruhiko Kuroda Wiki · Bank of Japan WikiSustainable finance - entering a new phase of implementation

ContextRemarks at the Paris Europlace Tokyo International Financial Forum 2022; the Bank of Japan pursues price stability and supports sustainable finance.

Why it mattersKuroda argues that sustainable finance must move into implementation.

Problems raised
  1. Climate risks are uncertain.
  2. Financial institutions underestimate climate risks.
  3. Sustainable finance must enter implementation.
Solutions proposed
  1. Use scenario analysis for climate risks.
  2. Encourage clients to address climate change.
  3. Implement sustainable finance frameworks.
Read full speech on bis.org ↗

More from Haruhiko Kuroda · Bank of Japan · all speeches

More speeches by Haruhiko Kuroda

Other leaders on climate, energy and nature