“Russian central bank joins the central bank green network” – Responsible Investor – December 17, 2019

On December 17, 2019 Responsible Investor reported that “The Bank of Russia has joined the Network for Greening the Financial System (NGFS), as the central bank and supervisory body celebrates its second birthday this month. 

The NGFS, which started in December 2017 with eight founding central bank members, has grown quickly to 54 members.”

According to the article, “Moscow says climate risks assessment are needed in the country.”

Subscribers may read the article on the Responsible Investor internet site.

“The Global Sustainable Competitiveness Index 2019” – Solability – December 12, 2019

On December 12, 2019 Solability published the 8th edition of its Global Sustainable Competitiveness Index.

“Highlights of the Global Sustainable Competitiveness Report 2019:

  • The top 5 spots are occupied by Scandinavia: Sweden is leading the Sustainable Competitiveness Index – followed by the other 4 the Scandinavian nations.
  • The top 20 are dominated by Northern European countries, including the Baltic states.
  • Of the top twenty nations only two are not European – New Zealand on 12, and Canada on 19.
  • Germany ranks 15, the UK 17, and the World’s largest economy, the US, is ranked 34. The US ranks particularly low in resource efficiency, but also social capital – potentially undermining the global status of the US in the future.
  • Of the large emerging economies (BRICs), China is ranked 37, Brazil 49, Russia 51, and India 130.

The Global Sustainable Competitiveness Index is of 116 quantitative performance indicators across 5 areas that shape national competitiveness:  governance, intellectual capital, natural capital, resource intensity and social cohesion.”

On the Solability internet site, you can read more and download the 2019 Index.