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Reserve Bank wins international award for work on climate-related risk

24 Mar 2025

Former Reserve Bank governor Adrian Orr
Image: Photo: Fale Malae Trust
Former Reserve Bank governor Adrian Orr

The Reserve Bank of New Zealand - Te Pūtea Matua scooped two awards at this year’s Central Banking awards, including one for its “pioneering” work on climate stress testing.

But it remains to be seen whether the bank will continue with climate stress testing under new leadership, with the focus on climate attracting criticism, and a new governor still to be appointed following former governor Adrian Orr’s shock resignation earlier this month.


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