Climate change challenges for central banks and financial regulators
Campiglio, E., Dafermos, Y., Monnin, P., Ryan-Collins, J., Schotten, G. & Tanaka, M.
(2018).
Climate change challenges for central banks and financial regulators.
Nature Climate Change,
8(6), 462-468.
https://doi.org/10.1038/s41558-018-0175-0
The academic and policy debate regarding the role of central banks and financial regulators in addressing climate-related financial risks has rapidly expanded in recent years. This Perspective presents the key controversies and discusses potential research and policy avenues for the future. Developing a comprehensive analytical framework to assess the potential impact of climate change and the low-carbon transition on financial stability seems to be the first crucial challenge. These enhanced risk measures could then be incorporated in setting financial regulations and implementing the policies of central banks.
| Item Type | Article |
|---|---|
| Copyright holders | © 2018 Macmillan Publishers Limited, part of Springer Nature |
| Departments | LSE > Research Centres > Grantham Research Institute |
| DOI | 10.1038/s41558-018-0175-0 |
| Date Deposited | 18 Jun 2018 |
| Acceptance Date | 25 Apr 2018 |
| URI | https://researchonline.lse.ac.uk/id/eprint/88364 |
Explore Further
- https://www.scopus.com/pages/publications/85047878612 (Scopus publication)
- https://www.nature.com/nclimate/ (Official URL)