Green finance and mispricing: what role for central banks and governments?
Governments and central banks cannot stay on the sidelines, says Sayuri Shirai
Green finance has been growing rapidly in recent years alongside growing awareness of climate change issues. The United Nations’ Intergovernmental Panel on Climate Change recently warned human-induced climate change was already causing many weather and climate extremes across the globe.
Nonetheless, the amount of green finance remains insufficient to finance all the energy-related capital investment projects that would be needed globally to achieve the net-zero carbon emissions target by 2050
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