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Mitigating climate change through collaboration

· Eli M Remolona, Governor of the Bangko Sentral ng Pilipinas (Philippines)

Summary written by Dark Majestic in its own words · topics: climate, energy and nature, public finances and debt, labour markets and jobs, technology, ai and cyber risk

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· Eli M Remolona Wiki · Bangko Sentral ng Pilipinas WikiMitigating climate change through collaboration

ContextSpeech at the second Philippine Climate Forum in Manila; Bangko Sentral ng Pilipinas keeps the financial system sound and supports a low-carbon, climate-resilient economy.

Why it mattersRemolona presents a green taxonomy and better data to manage climate risk in finance.

Problems raised
  1. Climate change threatens the Philippines.
  2. Financial institutions must manage climate risks.
  3. Data are insufficient.
Solutions proposed
  1. Use a sustainable finance taxonomy.
  2. Add measures for climate risk management.
  3. Improve data and methodologies.
Read full speech on bis.org ↗

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