Colombia’s central bank forms new climate research group
New team will look to integrate climate scenarios into macro models
The Central Bank of Colombia is establishing a new research group to investigate the impacts of climate change on the macroeconomy.
In conjunction with the country’s Network of Researchers – a group of university research departments – and commercial banks, the central bank’s technical management department will form the new group to explore the impact of climate change
In a statement published November 22, the central bank says global warming will generate wide-ranging and large-scale impacts
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