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As it is becoming clear that climate change will exert a major impact on inflation, economic growth, and financial system stability, central banks and financial regulators have increasingly recognized that they can no longer ignore climate change and other environmental issues. In general,...
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Der Klimawandel birgt zahlreiche Risiken für die Stabilität des Finanzsystems und für die Übertragung der Geldpolitik …. Für die Europäische Zentralbank existieren ausreichende wirtschaftliche und rechtliche Gründe, um Klimarisiken und den … Übergang zur Klimaneutralität stärker in die Geldpolitik zu integrieren. Die geldpolitischen Instrumente von Zentralbanken …
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Introduction: Financial Stability in East Asia - A Tentative Assessment -- History and Legal Framework of the People's Bank of China -- The Independence of the Bank of Japan in the Light of Statutory Rules and Central Bank Independence Indices -- The Legal Framework for the European System of...
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This paper discusses how financial stability governance has evolved and how central banks and financial regulators are coping with the threats posed by climate uncertainty, providing an overview of G20 countries' green central banking experiences in the past 20 years. The analysis shows that...
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