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MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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Free AccessMNI BRIEF: Lender Data Crucial For Climate Policy Reviews: BOJ
Several Bank of Japan board members want to see policy-related and transition finance data from financial institutions before and after lending to support climate change projects to ensure policy accountability, according to a summary released on Wednesday of opinions from the July 15-16 policy meeting. (see: MNI BRIEF: BOJ On Hold: Won't Hesitate To Take More Easing - 16 July).
The BOJ this month broadly outlined plans to support loans to financial institutions to fund climate change projects, while taking a neutral stance on technologies. (see: MNI STATE OF PLAY: Kuroda Details BOJ's Climate Lending Plans - 16 July).
"When addressing climate change from the monetary policy side, it is necessary for the BOJ to examine, without having any preconceptions, its impact on economic activity and prices by further carrying out research and study that will form the basis of policy decisions, " on board member said, echoing calls by other members of measuring policy effects and for research on how climate change will affect the macroeconomy. (see: MNI BRIEF: BOJ Board Members For Climate Scheme Flexibility - 16 July).
To read the full story
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.