Money and Climate: Central Banks Are Thinking Greener as Climate Change Hits Policy

[50 shades of black + 254]

Climate change is increasingly affecting the world’s central banks and their monetary policies.At a time when students around the globe are urging governments, companies and citizens to protect the environment, awareness is growing among currency guardians that weather disruptions, carbon emissions and green finance will demand significant attention. Freak weather events blamed on global warming -- largely regarded as temporary shocks so far -- risk becoming serious impediments to economic management in the future. They could even require a rethink of central-bank mandates at some point. But officials aren’t only on the receiving end: Their policies to support growth also have the potential to contribute to a greener planet. Disruption caused by extreme weather events and attempts to mitigate them make forecasting the economy increasingly difficult, according to a Brookings Institution discussion paper. That’s what happened in Germany at the end of last year when low water levels on the Rhine river caused unexpected transport bottlenecks and slowed growth. Researchers argue that nominal income rather than inflation targeting could turn out to be a better strategy because it doesn’t require policy makers to understand the precise nature of the shock and relies less on potentially imprecise projections.

https://www.bloomberg.com/news/articles/2019-04-02/central-banks-are-thinking-greener-as-climate-change-hits-policy?utm_campaign=socialflow-organic&cmpid=socialflow-twitter-business&utm_content=business&utm_medium=social&utm_source=twitter

 

 

[pinto + 293]

No. Monopoly is affecting the world's central banks and their monetary policies. .

[rainman + 263]

Yes, the actions of every individual must now consider the climate impact, if we are serious about it...

[damirUSBiH + 327]

We need real solutions to stop climate change. Why cant people just accept that things change and humans don't have the control they crave.Where is the money going? 

[Pavel + 384]

Where does the surplus go? Someone said the climate change is not real.

[ThunderBlade + 231]

CB..what do they offer for better future and fight against climate change?  We do not know. Only thing about they worry is money...

[ronwagn + 6,290]

Climate has always changed. The whole global warming hysteria is all about globalists gaining complete control of everyone else's lives. Watch who invests closest to the beaches around the world. 

https://wattsupwiththat.com/2019/03/25/in-a-victory-for-energy-reality-eu-dumps-2050-climate-alarmist-targets-and-commitments/

https://www.climatedepot.com/

https://docs.google.com/document/d/1B7YYeQTmESPhjlS_dj4zMTxWOiJhmLjxN1I_1NJcJFY/edit

Edited April 2, 2019 by ronwagn
added reference