In this edition of United Nations University–MERIT's Director's Corner Podcast, Director Bartel Van de Walle features Associate Professor Rasmus Lema.

https://www.merit.unu.edu/green-windows-of-opportunity/

What do "green windows of opportunity" mean for developing countries?

How transparent do organisations need to be about climate risks, and why does it matter? Where do banks and the ECB stand on sharing this information?

Our host Katie Ranger speaks with Executive Board member and Supervisory Board Vice-Chair Frank Elderson in this episode of The ECB Podcast.

The views expressed are those of the speakers and not necessarily those of the European Central Bank.

Published on 13 May 2023 and recorded on 8 May 2023.

In this episode:

01:27 – What are climate disclosures and why do they matter?
What information organisations should share about their climate-related risks, the forms these disclosures can take, and why they’re important for people, companies, investors and institutions.

05:52 – Greenwashing and making sure disclosures aren’t misleading
How we can make sure organisations are acting – and not just sounding – green, and how to know if the climate information can be trusted.

13:32 – How well are banks disclosing their climate risks?
What our latest report reveals about the progress banks have made in becoming more transparent when it comes to climate risks, and what we expect from them as their supervisor.

17:50 – The ECB’s own climate disclosures
What our first set of climate disclosures shows about the carbon footprint of corporate bonds we bought as part of our monetary policy and other investments.

22:38 – Our guest’s hot tip

Additional material:

Press release: Banks must continue improving climate risk disclosures as new EU rules take effect, ECB report shows
https://www.bankingsupervision.europa.eu/press/pr/date/2023/html/ssm.pr230421~213bf10fbe.en.html 

Press release: ECB starts disclosing climate impact of portfolios on road to Paris-alignment
https://www.ecb.europa.eu/press/pr/date/2023/html/ecb.pr230323~05efc3cf49.en.html 

Explainer: What are climate disclosures?
https://www.ecb.europa.eu/ecb/educational/explainers/html/what-are-climate-disclosures.en.html 

Speech by Frank Elderson: Policymakers as policy takers – accounting for climate-related and environmental factors in banking supervision and monetary policy
https://www.ecb.europa.eu/press/key/date/2023/html/ecb.sp230421~489cd977e0.en.html 

The ECB Podcast: Greening the financial system: milestones in our climate change journey, 9 July 2022
https://www.ecb.europa.eu/press/tvservices/podcast/html/ecb.pod220709_episode36.en.html 

Climate change and banking supervision
https://www.bankingsupervision.europa.eu/about/climate/html/index.en.html 

Climate change and the ECB
https://www.ecb.europa.eu/ecb/climate/html/index.en.html

European Central Bank
www.ecb.europa.eu 

European Banking Supervision
www.bankingsupervision.europa.eu

Being transparent about climate risks

The transition paradox: navigating the path to becoming the world's first fossil-free welfare state

In this event we will delve into Sweden's journey towards becoming the world's first fossil-free welfare state.

Sweden has long been a pioneer in climate policy, but the green transition is threatened by the cost-of-living crisis and growing political polarization. For the first time in two decades, public policy is contributing to an increase in greenhouse gas emissions in Sweden. The country is exceptionally well-positioned to become the world's first fossil-free welfare state, offering the potential to create numerous job opportunities while securing sustainable growth and welfare.

However, the green transition is often perceived as costly and to be inducing a decrease in standard of living, potentially eroding the support for progressive climate policy. This paradox underscores the dilemma facing policymakers.

In this event, Mikael Damberg will share his insights on how Sweden can navigate this intricate path to becoming the world's first fossil-free welfare state. Join the conversation as we explore ways to move towards a greener, more sustainable future that benefits everyone.

Meet our speaker and chair

Mikael Damberg (@mikaeldamberg) has long experience in the field of economic and green policy.  Prior to serving on the Committee on Finance, Mr Damberg held the position of Minister for Finance, handling the economic consequences following the Russian invasion of Ukraine. He served as Minister for Business, Industry and Innovation between 2014 and 2019, launching Sweden’s policy plan for the green industry transition.

Andrés Velasco (@AndresVelasco) is Professor of Public Policy and Dean of the School of Public Policy at LSE. He was previously the Minister of Finance of Chile between March 2006 and March 2010.

The Transition Paradox (09 October 2023)

Speaking at Eco-Business’s Sharpening the ESG focus: CSO Outlook 2025 dialogue held on 21 January in Singapore, Jaclyn Dove, global head of sustainable finance for Standard Chartered Bank and Mervyn Tang, Asia Pacific head of sustainability for asset management firm Schroders, joined a panel discussion moderated by Eco-Business founder Jessica Cheam.

Tune in as they discuss:

2025’s sustainable finance and investment outlook 
Do global net zero alliances have a future? 
Transition finance as a huge opportunity for Asia 
The region’s pragmatic net zero agenda

As US pulls back, ‘huge opportunity’ for Asia to lead in green transition

----------ENGLISH BELOW----------

Nu är min nya EP ute! Den är ett soundtrack till en resa jag gjort i Väster- och Norrbotten. Jag vill särskilt tacka Per Oskar, Lars, Moa, Karolina, Carina, Lena, Pär, Maria, Karin, Margareta, Ulf, Monica, Joanna, Stella, Vendela, Per och alla andra jag reste med och träffade under resans gång.

Tack också till min familj, Torsten, Viktoria, Fredrik, Mia, Jonas samt Sven, Aaron, Björn och Johanna.

Special mention of Vitali Ivanzov for outstanding mastering.

Musiken är mitt främsta sätt att uttrycka mig. Den ger mig kraft och mod att vara den jag är. En humanist i en lika delar härlig som hemsk värld. Hela min uppväxt och mitt vuxna liv har jag hållt käften, knytit näven i fickan, tvekat, varit rädd för att säga ifrån, säga till, förhäva mig, inte passa in, få stryk.

Det är slut med det nu.

Det finns en bättre värld. Vi kan bättre. Men då måste de som vill ha en bättre värld, en hållbar värld - en värld överhuvudtaget - ställa sig upp NU.

Det är krig och mitt vapen är musik, text och tal.

Jag ber dig stödja mig om du gillar det jag gör och vill bidra. Lyssna på musiken på Soundcloud nu, köp den på Bandcamp, streama den på Spotify (kommer måndag 28 april), dela den på sociala media, berätta om den för vänner, skriv en kommentar på det här inlägget och/eller;

Swisha mig en peng för att stödja mig: 070-5289010

Eder, Frans

----------ENGLISH----------

My new EP is out now! It is a soundtrack to a trip I took in Västerbotten and Norrbotten in Sweden. I would especially like to thank Per, Oskar, Lars, Moa, Karolina, Carina, Lena, Pär, Maria, Karin, Margareta, Ulf, Monica, Joanna, Stella, Vendela, Per and everyone else I traveled with and met along the way.

Thanks also to my family, Torsten, Viktoria, Fredrik, Mia, Jonas and Sven, Aaron, Björn and Johanna.

Special mention of Vitali Ivanzov for outstanding mastering.

Music is my main way of expressing myself. It gives me strength and courage to be who I am. A humanist in an equally wonderful and terrible world. My entire childhood and adult life I have kept my mouth shut, clenched my fist in my pocket, hesitated, been afraid to speak up, not fit in, get beaten up.

It's over now.

There is a better world. We can do better. But those who want a better world, a sustainable world - a world at all - must stand up NOW.

It's war and my weapon is music, lyrics and speech.

I ask you to support me if you like what I do and want to contribute. Listen to the music on Soundcloud now, buy it on Bandcamp, stream it on Spotify (coming Monday, April 28), share it on social media, tell your friends about it, write a comment on this post.

Yours faithfully, Frans

KÖP / BUY

Frans Björk - Säger En Sak Menar En Annan

Frans Björk - Mot Framtiden I Det Nya Landet

Frans Björk - Accelerationskontoret (Instrumental)

Frans Björk - Det Som Är Kvar Av En Man (Instrumental)

Frans Björk - Det Kommer En Dag När Vi Vänder Eländet

Frans Björk is a music and art project by the pioneering hardcore techno creator @frankborjak.
Frans is also a co-founder of the labels @audiovoidrecordings and @kallkallan and a co-founder of Ingen Gruva I Övre Bygden www.facebook.com/groups/ingengruva

Enjoy my music for free here on Soundcloud and please consider sponsoring me: https://www.gofundme.com/f/hjalp-mig-fortsatta-skriva-musik

The LSE School of Public Policy is an international community where ideas and practice meet. Follow our podcast feed for the latest analysis and discussion on the challenges of contemporary governance, public policy and leadership.

United Nations research centre, graduate school & leading innovation think tank. We promote international development through science, technology & public policy analysis.

The European Central Bank Podcast – bringing you insights into the world of economics and central banking. 

Our hosts Paul Gordon and Stefania Secola talk to experts about the topics and trends that matter to the eurozone economy today.

The views expressed are those of the speakers and not necessarily those of the European Central Bank.

New tracks tagged #greentransition