Rewind the clock to early January 2024, and the asset-management industry was anxiously watching to see if the much-anticipated debut of U.S. spot bitcoin exchange-traded
Financial institutions are rapidly embracing AI – but at what cost to financial stability? This column argues that AI introduces novel stability risks that the
Climate policies could affect financial stability if they lead to large changes in asset returns. This column studies the financial stability and welfare effects of
Europe faces a large climate investment gap. This column proposes filling this gap through the joint issuance of European climate bonds. These bonds would be
While road fatalities in Asia and the Pacific have fallen 11% since 2010, progress remains uneven, with low- and middle-income countries lagging behind. Strengthening infrastructure,
Glacial melting threatens regional water security, ecosystems, and economies. Countries must prioritize low-carbon and climate resilient development with sustainable solutions such as nature-based systems, renewable
Performance audits play a crucial role in improving the management and use of public funds, resulting in more effective and efficient government operations. Enhancing the
Complex, carefully managed financing structures can provide the funding needed for island states and others seeking to develop energy projects. Solomon Islands, with a population