Agnieszka Smoleńska

Agnieszka is Senior Policy Fellow at the Centre for Economic Transition Expertise (CETEx) leading the work on transition planning in the financial sector. She joined the Grantham Research Institute on Climate Change and the Environment as a Visiting Fellow in 2023.
Background
Agnieszka holds a PhD in Law from the European University Institute (2020), where she has been Part-Time Assistant Professor with the Florence School of Banking and Finance (FBF). For the past 15 years, she has worked as an academic, policy advisor and journalist in Brussels, Florence, Jerusalem and Warsaw with a view to improving policymaking in the area of economic regulation. Her research interests span banking law, sustainability transition and euro area governance.
Research
Research - 2024
The article outlines steps towards incorporating transition plans into prudential policy, thereby enabling supervisors to effectively use transition plans as a forward-looking instrument to better manage and overcome some of the challenges associated with climate transition risks. Read more

Policy
Policy - 2025
To guide policymakers as they face the challenge of taking financial and economic policy decisions for the net zero transition, this CETEx report develops a design approach based on ‘building blocks’. Read more

Policy - 2024
This report develops a set of principles-based recommendations for strategic national transition planning, designed to steer, accelerate and coordinate whole-of-government and whole-of-economy action towards a just, low-emissions, climate-resilient and nature-positive future. It is accompanied by a detailed Handbook. Read more

The Handbook provides guidance, reference material and practical, in-depth examples across five action areas of recommendations for national transition planning. The principles behind these recommendations are introduced in an accompanying policy report. Read more

This response consists of a written submission by CETEx to the Basel Committee on Banking Supervision (BCBS) consultation on a disclosure framework for climate-related financial risk (CRFR). Read more

Policy - 2022
Net zero transition plans can provide an additional dynamic instrument for financial supervisors to assess and address financial risks. This report provides steps towards incorporating transition plans into prudential supervision. Read more

News
News - 2025
This CETEx commentary explains how the EU Omnibus Simplification Package as currently proposed risks weakening corporate accountability, increasing uncertainty and penalising the early adopters in the sustainability transition. Read more

This commentary describes how new European Banking Authority guidelines on ESG risk management show how complexity can be reduced without compromising public policy goals. Read more

A CETEx commentary exploring the benefits and implementation challenges of applying a macroprudential perspective to the development of transition plans that reduce greenhouse gas emissions. Read more

News - 2024
The remit letters to be sent by the Chancellor on 14 November to the Bank of England and Financial Conduct Authority are a critical opportunity to re-establish that these bodies should have regard to the Government’s climate and environmental ambition. Read more
