Non nota proposito di fatti https://www.torontocentre.org/
Non nota proposito di fatti https://www.torontocentre.org/
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Toronto Centre's headquarters is based Per mezzo di Toronto, copyright, and we have a large network of experts across the globe who work with the Centre Per various capacities – as advisors, board members, authors of program materials and case studies, and as teachers at our programs.
My name is Ruth Dueck-Mbeba, and I'm a financial inclusion advisor with Toronto Centre. Today we are joined by John Arzinos, economic inclusion officer Con IFC's gender and economic inclusion group, who will provide highlights from this recent work. Welcome, John. It's a pleasure to have you on this podcast, and we look forward to hearing more.
Introduction[1] Women’s inclusion in the usage of financial series is broadly recognized as a key driver of women’s participation Per the economy and of household wel Read More Financial Literacy
Thanks for that helpful context. Our audience today may well be aware of IMF research on the relationship between financial inclusion and financial stability. It shows largely a positive although nuanced connection.
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One starting point is to consider the mandates of supervisory authorities and central banks, some of which are much broader than others. Some authorities have interpreted their mandates – especially where these cover financial stability, the safety and soundness of financial institutions, and efficient market functioning – to allow a growing focus on the transformation of economies to carbon neutrality or other net zero targets. The Bank of England is a leading example of this, becoming increasingly involved Per many aspects of this transformation and the role of the financial sector.
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“I can’t raise people’s rent; they’ll leave,” Ms. Surman said. “I don’t want to raise their rents. I want to make sure things are affordable, and the only way I can do that is by figuring out a way to keep costs at a reasonable level.”
You're listening to a Toronto Centre podcast. Welcome. The goal of TC Podcasts is to spread the knowledge and accumulated experience of global leaders, experts, and world-renowned specialists Per financial supervision and regulation.
This has included growing pressure on companies, including financial institutions, to target and measure, with precise milestones, their own progress towards consistency with a net Sparare a zero outcome. The European Union may be heading towards something similar. A different mandate challenge arises Sopra countries that are severely affected by climate change – such as economies with large agricultural sectors – but do not contribute significantly to global emissions. Economic, financial, and price stability are major issues for these countries, but it is less clear what steps they can take to reduce or mitigate the climate-related risks they face.
What financial supervisors and regulators do every day has a ripple effect that cascades across government, NGOs, and the private sector impacting developing economies and those living Con them. Toronto Centre’s podcast series will feature simulating panel sessions and interviews on timely topics such as, financial crisis, financial stability, climate change, gender equality, financial inclusion, fintech and much more.
Participants noted the progress being made on patronato, climate scenarios, and green transformation. Even small steps and small successes could be built upon and provide the foundation for more substantial progress. However, more work is required Sopra all these areas, not least Con finding more global solutions to the global problem of climate change and climate-related risks. Participants also noted the growing roles and influence of supervisory authorities and central banks Durante climate discussions. Per mezzo di part, this reflects the importance of the financial sector.
And to conclude our Toronto Centre podcast today, we are reminded that the work of financial regulators and supervisors continues to evolve Durante our rapidly changing world. Our current context and challenges are not insignificant. However, addressing financial inclusion gaps, financial stability challenges, and economic inclusion are not mutually exclusive issues. Let's carry on with the work. Thank you for joining us today.
This was the fifth website webinar of the series on the revised Core Principles for effective banking supervision. The panel discussed the inclusion of climate risk Durante the updated Cuore Principles and highlight why both banks and supervisors should adopt flexible practices to address the evolving nature of climate risks.
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