Foreword

The Riksbank is an independent authority under the Riksdag, which operates in accordance with the Sveriges Riksbank A

Central banks and climate change

The consequences of climate change and the measures taken to counteract them affect the Riksbank’s a

Climate change affects everyone Climate change affects the Riksbank’s mandate The direction of the Riksbank’s climate-related work

The Riksbank’s work on climate change

The issue of sustainability is relevant to all parts of the Riksbank’s operations. This applies to e

Climate-related risks can affect monetary policy Climate change affects financial stability Sustainability considerations in the Riksbank’s asset management The Riksbank participates in international climate work The Riksbank takes the climate into account in its cash management and payment infrastructure The Riksbank’s energy consumption and carbon dioxide emissions

Focus: Riksbank looks into possibilities for stress test of climate risks in Swedish banks

Climate change is becoming more severe and the transition is not happening fast enough. As a result,

Climate stress tests differ from regular stress tests Which risks should the test capture?

Focus: The new Sveriges Riksbank Act, sustainability and climate transition

With the new Sveriges Riksbank Act, the Riksbank’s possibilities to contribute to Sweden’s climate t

The Riksbank shall promote sustainable development The Riksbank shall identify threats to sustainable development

Appendix: The Riksbank’s climate-related publications