ECB's Elderson links climate risks to economic resilience at Green Swan 2026

ECB Executive Board member Frank Elderson delivered a keynote at the Green Swan 2026 Conference in Manila, emphasizing the financial stability implications of climate and nature risks and their connection to economic competitiveness. The speech signals continued central bank focus on integrating climate risk into supervisory frameworks, though no new policy measures were announced. This reinforces the ongoing trend of climate-related financial regulation, with potential implications for bank capital requirements and lending practices.