Research | The green swan: Central banking and financial stability in the age of climate change
The green swan: Central banking and financial stability in the age of climate change
14 February 2020
Reviews new ways central banks can address the risk climate change poses to financial stability. To avoid “green swan” risks, central banks should develop forward-looking scenario-based analysis to understand climate-related risk and coordinate with other major players to develop and integrate climate mitigation policies at the international level.
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