Research | Unused tools: How central banks are fueling the climate crisis
Unused tools: How central banks are fueling the climate crisis

Unused tools: How central banks are fueling the climate crisis

27 August 2021

This report dissects the role of central banks in fossil fuel finance and climate change, presenting 10 criteria for assessment and analysing 12 central banks worldwide. While there is increased recognition among global central banks of the severity of climate change, they continue to prop up fossil fuels and largely maintain an industrial structure that uncritically exacerbates the climate crisis.

 

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