· Kazuo Ueda Wiki · Bank of Japan WikiProgress and challenges in the Asia-Pacific financial system
Read full speech on bis.org ↗ContextKeynote address by Kazuo Ueda, Governor of the Bank of Japan, at the 18th Asia-Pacific High-Level Meeting on Banking Supervision, Tokyo, 6 March 2024.
Why it mattersUeda calls for regional cooperation on climate risks in finance.
Problems raised
- Asia-Pacific finance faces new challenges.
- Climate investments must be assessed.
- Supervisors need to cooperate.
Solutions proposed
- Resume in-person supervisory meetings.
- Assess climate risks and returns.
- Cooperate across the region.