Central banks’ words matter for climate
Line between EMEs speaking about greening finance and AEs being wary of climate risks are blurring, argues Emanuele Campiglio
Mark Carney’s 2015 speech ‘Breaking the tragedy of the horizon – climate change and financial stability’ is widely regarded as the moment central banks officially entered the climate change debate. Since the then-governor of the Bank of England’s intervention, central bankers from around the world have delivered an unexpectedly large number of public speeches addressing climate change and the transition to a low-carbon economy.
How is it that previously obscure technocratic institutions became
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