Hosted by the Central Bank of the Republic of Türkiye
with the support of the Irving Fisher Committee on Central Bank Statistics (IFC),
the Bank of France and Deutsche Bundesbank
Date: 6-7 May 2024
Venue: İzmir, Türkiye
The workshop on “Addressing climate change data needs: the global debate and central banks’ contribution” will be hosted by the Central Bank of the Republic of Türkiye, with the support of the Irving Fisher Committee on Central Bank Statistics (IFC), the Bank of France and Deutsche Bundesbank. The event is scheduled to take place in İzmir, Türkiye, from Monday 6 May to Tuesday 7 May 2024. For those unable to attend in person, we also offer the option of virtual participation.
We aspire to convene experts from the public and private sector, as well as academia, to facilitate an insightful discussion on the challenges and prospective solutions that can enhance climate resilience strategies, especially through bridging data gaps.
The imperative to improve climate risk data (and data on all ESG policies more generally) is now a universally acknowledged priority. While the workshop will be centered on initiatives by central banks to improve their policy-making and climate risk data frameworks, we intend to illuminate a broader spectrum of data-related challenges and potential remedies, considering the perspectives and inputs of all stakeholders involved.
Specifically, we explore how ongoing and future initiatives, both at the national and international levels, can contribute towards identifying and closing data gaps for key policy areas. These include, but are not limited to, measuring the climate impact of economic activities, the volume of climate finance and government expenditure to mitigate climate change as well as developing forward-looking physical and transition risk indicators. The workshop is meant to contribute to the global debate on the subject matter and will particularly emphasise forward-looking physical and transition risk indicators.
We invite papers from a range of economies and types of stakeholders revolving the workshop´s core topics:
1. Strategies for successfully bridging data gaps
– What are promising concepts to measure the climate impact of economic activities, the volume of climate finance and government expenditure to mitigate climate change? What are useful forward-looking physical and transition risk indicators?
– What are key international statistical initiatives, including innovative concepts, and how can we benefit from synergies?
– How can policy action be effectively linked to the information revealed by data?
2. Central banks’ progress in adopting climate risk resilience and data initiatives
– We are looking for papers that outline central banks´ efforts in effectively adopting climate risk resilience and data initiatives, integrating international concepts, seeking insights into the progress made thus far and future plans of central banks.
– Moreover, we are interested in understanding how central banks are responding to the evolving landscape of climate risk.
3. Interconnections between central banks and stakeholders
– We welcome contributions that delve into the connections between central banks and other critical stakeholders in their efforts to adopt climate risk data issues and broader climate risk strategies. This theme will explore how central banks can effectively collaborate with regulators, ministries, statistical offices, academia, and the private sector to address climate resilience collectively.
– We also welcome proposals on how innovation can contribute to the broader agenda.
– Submissions (deadline for extended abstracts by 15 January 2024) should be original research or thought leadership papers, for the focus areas listed above.
– Please forward your submissions to the IFC.Secretariat@bis.org and the email@example.com.
– Submission will undergo a peer-review process.
– Accepted papers will be presented at the workshop and considered for publication in a special issue of the IFC Bulletin, offering contributors a platform to share their insights with a global audience.
– Extended abstract submission: 15 January 2024
– Acceptance notification: 16 February 2024
– Registration submission deadline: 29 February 2024
– Registration confirmation by the organisers: 22 March 2024
– Submission of papers (up to 5,000 words): 5 April 2024
– Submission of presentations (15 minutes / 8 slides): 26 April 2024
– Workshop dates: 6-7 May 2024
– Final paper submission for publication in an IFC Bulletin: 31 July 2024