The Riksbank shall identify threats to sustainable development
Published: 25 January 2023
The Riksbank Act stipulates that the Riksbank shall identify threats to sustainable development as part of its external monitoring, Chapter 1, Section 9, Sveriges Riksbank Act. as unsustainable developments in the economy may affect the conditions for the Riksbank’s operations.
The Riksbank has long included such threats to sustainable development in its external monitoring. Threats to sustainable development may mean that the climate transition is delayed or disorderly, which entails risks for both price stability and financial stability. In this context, it should also be noted that the Riksbank may conduct and contribute financially to research relevant to its activities, Chapter 1, Section 10, Sveriges Riksbank Act. which may include issues related to sustainability.