Pub Date : 2021-10-25DOI: 10.1515/9783110752892-008
Philipp M. Hildebrand, J. Boivin, Jessica Tan, Simona Paravani-Mellinghoff, E. Fishwick
{"title":"Climate Change – Turning Investment Risk into Opportunity","authors":"Philipp M. Hildebrand, J. Boivin, Jessica Tan, Simona Paravani-Mellinghoff, E. Fishwick","doi":"10.1515/9783110752892-008","DOIUrl":"https://doi.org/10.1515/9783110752892-008","url":null,"abstract":"","PeriodicalId":294492,"journal":{"name":"Green Banking and Green Central Banking","volume":"33 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-10-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"130357512","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2021-10-25DOI: 10.1515/9783110752892-020
L. Silva
Without the timely, coordinated, countercyclical and massive policy response to the Covid-19 pandemic by fiscal and monetary authorities around the globe, the downturn could have been much worse. On top of their own unprecedented monetary policy response, central banks are facilitating a sustainable and inclusive recovery in many ways. First, by raising awareness that climate-change related risks are a significant threat to global financial stability. Second, by showing that collective coordinated action, changes in supply and demand behaviour, and other public policies including adequate carbon pricing are required. Third, by fostering policies that ensure low financing costs of mitigation and transition and providing guidance that this will be maintained for an appropriately long horizon. Fourth, by developing analytical tools as public goods to improve the measurement, assessment and mitigation of such risks (such as new risk models, climate stress testing, climate scenarios, disclosure of carbon exposures and analysis of the redistributive impact of climate policies). And fifth, by engaging with the financial private sector to develop new financial instruments to accelerate adaptation and transition towards a net zero goal, which is increasingly endorsed by many countries.
{"title":"How are Central Banks helping to make the Recovery from the Covid-19 Pandemic more sustainable and inclusive?","authors":"L. Silva","doi":"10.1515/9783110752892-020","DOIUrl":"https://doi.org/10.1515/9783110752892-020","url":null,"abstract":"Without the timely, coordinated, countercyclical and massive policy response to the Covid-19 pandemic by fiscal and monetary authorities around the globe, the downturn could have been much worse. On top of their own unprecedented monetary policy response, central banks are facilitating a sustainable and inclusive recovery in many ways. First, by raising awareness that climate-change related risks are a significant threat to global financial stability. Second, by showing that collective coordinated action, changes in supply and demand behaviour, and other public policies including adequate carbon pricing are required. Third, by fostering policies that ensure low financing costs of mitigation and transition and providing guidance that this will be maintained for an appropriately long horizon. Fourth, by developing analytical tools as public goods to improve the measurement, assessment and mitigation of such risks (such as new risk models, climate stress testing, climate scenarios, disclosure of carbon exposures and analysis of the redistributive impact of climate policies). And fifth, by engaging with the financial private sector to develop new financial instruments to accelerate adaptation and transition towards a net zero goal, which is increasingly endorsed by many countries.","PeriodicalId":294492,"journal":{"name":"Green Banking and Green Central Banking","volume":"43 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-10-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"117198420","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2021-10-25DOI: 10.1515/9783110752892-018
S. Goulard
{"title":"Climate Change and Central Banks: From Financial Stability Considerations to a global Response?","authors":"S. Goulard","doi":"10.1515/9783110752892-018","DOIUrl":"https://doi.org/10.1515/9783110752892-018","url":null,"abstract":"","PeriodicalId":294492,"journal":{"name":"Green Banking and Green Central Banking","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-10-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"115367744","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2021-10-25DOI: 10.1515/9783110752892-006
Christian Sewing
{"title":"Green Banking in Practice: How Banks and Corporates will need to work together to finance the Transition to a more sustainable Economy","authors":"Christian Sewing","doi":"10.1515/9783110752892-006","DOIUrl":"https://doi.org/10.1515/9783110752892-006","url":null,"abstract":"","PeriodicalId":294492,"journal":{"name":"Green Banking and Green Central Banking","volume":"68 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-10-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"124997112","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2021-10-25DOI: 10.1515/9783110752892-005
Ted Moynihan
{"title":"How Banks can help Achieve the Paris Agreement","authors":"Ted Moynihan","doi":"10.1515/9783110752892-005","DOIUrl":"https://doi.org/10.1515/9783110752892-005","url":null,"abstract":"","PeriodicalId":294492,"journal":{"name":"Green Banking and Green Central Banking","volume":"27 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-10-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"129914918","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2021-10-25DOI: 10.1515/9783110752892-004
Daniel Mminele
{"title":"Banking on going green…","authors":"Daniel Mminele","doi":"10.1515/9783110752892-004","DOIUrl":"https://doi.org/10.1515/9783110752892-004","url":null,"abstract":"","PeriodicalId":294492,"journal":{"name":"Green Banking and Green Central Banking","volume":"14 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-10-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"123674951","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2021-10-25DOI: 10.1515/9783110752892-007
Werner Hoyer
{"title":"A monumental Shift to green Finance","authors":"Werner Hoyer","doi":"10.1515/9783110752892-007","DOIUrl":"https://doi.org/10.1515/9783110752892-007","url":null,"abstract":"","PeriodicalId":294492,"journal":{"name":"Green Banking and Green Central Banking","volume":"2961 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-10-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"116783304","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2021-10-25DOI: 10.1515/9783110752892-015
Christine Lagarde
Is there convincing evidence for us to adjust our monetary policy strategy because increased risks of more frequent and more devastating future climatic events could influence economic dynamics in the medium term, the monetary policy horizon? The non-quantified increased probability and causality in such events may only hold implications for short-term developments, which do not influence the conduct of monetary policy.
{"title":"Climate Change and Central Banking","authors":"Christine Lagarde","doi":"10.1515/9783110752892-015","DOIUrl":"https://doi.org/10.1515/9783110752892-015","url":null,"abstract":"Is there convincing evidence for us to adjust our monetary policy strategy because increased risks of more frequent and more devastating future climatic events could influence economic dynamics in the medium term, the monetary policy horizon? The non-quantified increased probability and causality in such events may only hold implications for short-term developments, which do not influence the conduct of monetary policy.","PeriodicalId":294492,"journal":{"name":"Green Banking and Green Central Banking","volume":"39 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-10-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"128232078","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2021-10-25DOI: 10.1515/9783110752892-013
Sirpa Pietikäinen
{"title":"Green is becoming the new Black – Sustainable Finance is a Global Opportunity and the Key to tackling Climate Change","authors":"Sirpa Pietikäinen","doi":"10.1515/9783110752892-013","DOIUrl":"https://doi.org/10.1515/9783110752892-013","url":null,"abstract":"","PeriodicalId":294492,"journal":{"name":"Green Banking and Green Central Banking","volume":"54 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-10-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"128747730","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}