Data: Study of 18 central banks and monetary authorities from the Asia-Pacific region conducted in Q2 2019; Chart: Axios Visuals

Most Asian central banks and other monetary facilities say finance into low-carbon areas is important — but most have also not issued any policies on the matter.

Why it matters: Asia is where the biggest growth and most future carbon emissions are coming from, so what monetary organizations there are doing — and not doing — will have an outsized impact on both climate change itself and the transition to cleaner energy sources.

How it works: The South East Asian Central Banks (SEACEN), a group based in Malaysia, sent a survey to its 35 members, associate members and observers, with 18 responding.

What they’re saying:

The current coronavirus crisis will hopefully reinforce the point that the financial sector faces non-traditional risks that need to be mitigated, and that central banks need to develop their prudential frameworks to this effect. We have already missed the opportunity to implement sustainable crisis responses during the 2008-09 crisis. We should not waste another crisis.”
— Ulrich Volz, co-author and expert on sustainable finance at SOAS University of London

What I'm watching: To what degree Asian countries, especially China, prioritize fossil fuels and/or cleaner energy technologies in any economic stimulus packages they consider.

Go deeper

Updated 1 hour ago - Politics & Policy

Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Global: Total confirmed cases as of 10 p.m. ET: 32,471,119 — Total deaths: 987,593 — Total recoveries: 22,374,557Map.
  2. U.S.: Total confirmed cases as of 10 p.m. ET: 7,032,524 — Total deaths: 203,657 — Total recoveries: 2,727,335 — Total tests: 99,483,712Map.
  3. States: "We’re not closing anything going forward": Florida fully lifts COVID restaurant restrictions — Virginia Gov. Ralph Northam tests positive for coronavirus.
  4. Health: Young people accounted for 20% of cases this summer.
  5. Business: Coronavirus has made airports happier places The expiration of Pandemic Unemployment Assistance looms.
  6. Education: Where bringing students back to school is most risky.
Mike Allen, author of AM
4 hours ago - Politics & Policy

Biden pushes unity message in new TV wave

A fresh Joe Biden ad, "New Start," signals an effort by his campaign to make unity a central theme, underscoring a new passage in his stump speech that says he won't be a president just for Democrats but for all Americans.

What he's saying: The ad — which began Friday night, and is a follow-up to "Fresh Start" — draws from a Biden speech earlier in the week in Manitowoc, Wisconsin:

Trump prepares to announce Amy Coney Barrett as Supreme Court replacement

Judge Amy Coney Barrett. Photo: Matt Cashore/Notre Dame University via Reuters

President Trump is preparing to nominate federal appeals court Judge Amy Coney Barrett of Indiana, a favorite of both the social conservative base and Republican elected officials, to succeed Justice Ruth Bader Ginsburg, Republican sources tell Axios.

Why it matters: Barrett would push the already conservative court further and harder to the right, for decades to come, on the most important issues in American politics — from abortion to the limits of presidential power. If confirmed, she would give conservatives a 6-3 majority on the high court.