Central banks could do more to tackle climate change – paper
Central banks may be mispricing assets due to climate change risk, paper argues
Central banks could do more to tackle climate change without changing their mandates, according to a recent research paper.
Central banks and financial regulators are increasingly recognising the potential financial impact of climate change. Some sectors, such as the fossil fuel industry, are clearly exposed to the risks, but real estate, energy infrastructure, transport and the financial firms that serve them are also likely to suffer.
The research, published in Nature Climate Change, weighs
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