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Asia-Pacific

ASEAN Central Banks Endorse Collective Approach to Climate Risk

A new report offers a set of non-binding recommendations to promote a unified ASEAN approach towards managing climate and environment-related risks.

ASEAN central banks have increasingly started to factor in climate change with a focus on safeguarding financial stability, but they are still in early stages, a new report has said. The ‘Report on the Roles of ASEAN Central Banks in Managing Climate and Environment-related Risks’ is a collaborative effort among…

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