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§ 03.5 Sustainability

Sustainability.

§ 03.5.1 The sea

A maritime nation

Aletheia is a maritime nation. The health of the sea is the health of its economy.

Weather, rising seas and the shift to clean energy can all affect prices, institutions and the financial system. The Bank intends to take these risks into account in its work.

§ 03.5.2 Our work

Three commitments

Understanding risk
Climate and environmental risks included in the Bank’s assessment of financial stability.
Its own operations
Efficient use of energy and materials, from offices to banknote production.
Reporting
Climate-related disclosures in the Bank’s annual report.

§ 03.5.3 Resilience

When conditions are hard

Storms and disruption test financial systems as much as physical ones. The Bank’s planning for resilience will cover how payments, cash and essential services continue when conditions at sea or ashore are difficult.