Sustainable central banking: clear green water between the Fed and the ECB?

Robins, Nick ORCID: 0000-0002-6348-4466 (2023) Sustainable central banking: clear green water between the Fed and the ECB? LSE Business Review (18 Jan 2023). Blog Entry.

Text (businessreview__2023-1-18--sustainable-central-banking-clear-green-water-between-the-fed-and-the-ecb) - Published Version Download (570kB)

• Author
• https://blogs.lse.ac.uk/businessreview/2...

Abstract

All major central banks recognise that the climate crisis and nature loss pose material threats for the financial system. But central bank mandates and political environments vary. Action on sustainability is a bipartisan issue in Europe, while in the US parts of the Republican Party are leading an anti-ESG campaign that is out of line with science and at odds with a prudent view on financial management. Nick Robins writes that a second phase of sustainable central banking is needed to minimise the environmental threats to banks’ core mandates, as well as the other goals they are set.

Item Type:	Online resource (Blog Entry)
Official URL:	https://blogs.lse.ac.uk/businessreview/
Additional Information:	© 2023 The Author
Divisions:	Grantham Research Institute
Subjects:	H Social Sciences > HG Finance G Geography. Anthropology. Recreation > GE Environmental Sciences
Date Deposited:	14 Feb 2023 11:45
Last Modified:	01 Nov 2024 04:07
URI:	http://eprints.lse.ac.uk/id/eprint/118074

Actions (login required)

View Item