Transition to a low-carbon economy remains a priority for major countries including China despite the rises in commodity prices and the highest global inflation. For Russia, as its economy refocuses on Asian markets, the importance of the green transition still holds.
As cryptocurrencies and other digital financial assets gain popularity, regulators are increasingly alarmed about the potential risks to financial stability they bring. Additional steps are needed to ensure that money surrogates are not used for payments.
Direct quantitative restrictions, or macroprudential limits, are a limitation of the share of high-risk loans in new lending by banks. These measures help to prevent the accumulation of borrower risks and thereby reduce the risks of the financial sector.
Climate risks, renewable power, and carbon neutrality are all on the agenda of country leaders and business executives all over the world. Measures taken will have a direct impact on Russia.
