Powell, Lagarde and Yi call for urgent action on climate change

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The central bankers of the world’s three largest economies called on politicians to increase their efforts to “green” finance at a conference today (June 4).

Federal Reserve chairman Jay Powell, People’s Bank of China governor Yi Gang and European Central Bank president Christine Lagarde all spoke on the virtual panel at the Green Swan conference organised by the Bank for International Settlements. The BIS’s general manager Agustín Carstens and Banque de France governor François Villeroy de

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