Climate change challenges for central banks and financial regulators
The academic and policy debate regarding the role of central banks and financial regulators
in addressing climate-related financial risks has rapidly expanded in recent years. This …
in addressing climate-related financial risks has rapidly expanded in recent years. This …
Fostering green investments and tackling climate-related financial risks: Which role for macroprudential policies?
P D'Orazio, L Popoyan - Ecological Economics, 2019 - Elsevier
While there is a growing debate among researchers and practitioners on the possible role of
central banks and financial regulators in supporting a smooth transition to a low-carbon …
central banks and financial regulators in supporting a smooth transition to a low-carbon …
[HTML][HTML] Finance, climate-change and radical uncertainty: Towards a precautionary approach to financial policy
H Chenet, J Ryan-Collins, F Van Lerven - Ecological Economics, 2021 - Elsevier
Climate-related financial risks (CRFR) are now recognised by central banks and supervisors
as material to their financial stability mandates. But while CRFR are considered to have …
as material to their financial stability mandates. But while CRFR are considered to have …
[HTML][HTML] Central bank mandates, sustainability objectives and the promotion of green finance
S Dikau, U Volz - Ecological Economics, 2021 - Elsevier
This article examines how addressing climate-related risks and supporting mitigation and
adaptation policies fit into central bank mandates. We conduct an analysis of mandates and …
adaptation policies fit into central bank mandates. We conduct an analysis of mandates and …
[HTML][HTML] Climate change, financial stability and monetary policy
Using a stock-flow-fund ecological macroeconomic model, we analyse (i) the effects of
climate change on financial stability and (ii) the financial and global warming implications of …
climate change on financial stability and (ii) the financial and global warming implications of …
Closing the green finance gap–A systems perspective
Meeting its climate policy objectives requires the UK to rapidly decarbonise its energy
sector. This demands high levels of investments into low carbon energy infrastructure, which …
sector. This demands high levels of investments into low carbon energy infrastructure, which …
Greening monetary policy
D Schoenmaker - Climate Policy, 2021 - Taylor & Francis
While there is increasing interest in decarbonizing or greening monetary policy, central
banks are keen to maintain market neutrality. However, there is evidence that the market has …
banks are keen to maintain market neutrality. However, there is evidence that the market has …
Green bonds as an instrument to finance low carbon transition
ES Sartzetakis - Economic Change and Restructuring, 2021 - Springer
The present paper examines the role that green bonds can play in financing the transition to
low carbon economy. We first establish the need for central banks to respond to climate …
low carbon economy. We first establish the need for central banks to respond to climate …
Climate change and central banks: what role for monetary policy?
L Boneva, G Ferrucci, FP Mongelli - Climate Policy, 2022 - Taylor & Francis
Climate change has profound effects not only on societies and economies, but also for the
ability of central banks to deliver price stability in the future. Among others, climate change …
ability of central banks to deliver price stability in the future. Among others, climate change …
[HTML][HTML] It takes two to dance: Institutional dynamics and climate-related financial policies
This article studies how institutional dynamics might affect and be affected by the
implementation of climate-related financial policies. First, we propose a three-dimensional …
implementation of climate-related financial policies. First, we propose a three-dimensional …