A joint decision for a greener economy may enable us to better manage the timing of an economic adjustment, minimizing uncertainty and volatility, opening up new paths for growth. However, the transition will not be without difficulties and decisions on monetary policy in any case remain very intricate. Even if an agreement was found to slow global warming, the “temperature” in central banks remains very high.
Why Central Bankers should worry about climate change
World Economic Forum Comments Off on Why Central Bankers should worry about climate change
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