<p>Climate change poses new challenges to central banks, regulators and supervisors. <a href= "https://www.bis.org/author/luiz_awazu_pereira_da_silva.htm">Luiz Pereira da Silva</a> reviews ways of addressing these new risks within central banks' financial stability mandate, based on a new research paper, <a href="https://www.bis.org/publ/othp31.htm">The green swan</a>. "Green swan" risks are potentially extremely financially disruptive events that could be behind the next systemic financial crisis.</p>

Bruno Tissot speaks about "big data" and its implications for central banks

Experts from the Bank for International Settlements (BIS) explain their work and discuss current issues for the global economy. As a hub for central banks and other financial regulatory and supervisory authorities, the BIS seeks to build a greater collective understanding of the world economy, foster international cooperation and support policy making.