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Central Bank Policies and Climate Change. Where Do We Stand?

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Vollmer, U. Central Bank Policies and Climate Change. Where Do We Stand?. Credit and Capital Markets – Kredit und Kapital, 55(3), 381-411. https://doi.org/10.3790/ccm.55.3.381
Vollmer, Uwe "Central Bank Policies and Climate Change. Where Do We Stand?" Credit and Capital Markets – Kredit und Kapital 55.3, 2022, 381-411. https://doi.org/10.3790/ccm.55.3.381
Vollmer, Uwe (2022): Central Bank Policies and Climate Change. Where Do We Stand?, in: Credit and Capital Markets – Kredit und Kapital, vol. 55, iss. 3, 381-411, [online] https://doi.org/10.3790/ccm.55.3.381

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Central Bank Policies and Climate Change. Where Do We Stand?

Vollmer, Uwe

Credit and Capital Markets – Kredit und Kapital, Vol. 55 (2022), Iss. 3 : pp. 381–411

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Prof. Dr. Uwe Vollmer, Leipzig University, Economics Department, Institute for Theoretical Economics, Grimmaische Str. 12, D-04109 Leipzig, Germany.

References

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Abstract

The article reviews the literature on the relationship between climate change and central bank policies. Central banks conduct monetary policy and are responsible for macroprudential supervision. The article focuses on the consequences of transition and physical risks for financial stability and price stability. It also asks what role central banks can play in slowing climate change and what implications climate change has for the future strategy and for the monetary policy framework of the Eurosystem.