BIS’s Pereira says green QE could distort market

Luiz Awazu Pereira da Silva
Luiz Awazu Pereira da Silva
Photo: Louis Rafael Rosenthal

The deputy managing director of the Bank for International Settlements warns central banks risk “stretching their mandates” too far with regard to climate change.

In a forthcoming interview with Central Banking, Luiz Awazu Pereira da Silva notes central banks can only do so much with their existing mandates before they begin to risk a loss of legitimacy.

“We are cautious about stretching their mandates,” he says. “There are some people who are advocating for central banks to engage in asset

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