Financial Stability Is Easier to Green Than Monetary Policy

Abstract In the face of mounting evidence of global warming, which is an irreversible process, central banks, as other policymakers, have to play their part. They need to consider climate risks not only in their internal management, but also when they devise their strategies, conduct their policies...

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Bibliographic Details
Main Authors: Christian Pfister, Natacha Valla
Format: Article
Language:English
Published: Springer 2021-06-01
Series:Intereconomics
Online Access:https://doi.org/10.1007/s10272-021-0972-y