China’s carbon emission reduction facility must provide enough of an incentive to influence lending decisions, while also supporting prudent allocation of funds, says economist Sebastian Guo.
The quest for ever-more data must not delay action to address climate risks, says economist Danae Kyriakopoulou, because the risk of doing too little far outweighs the risk of doing too much.
The recent FSOC report on climate-related financial risk shows the gap between diagnosing the problem and acting to address it is significant, says Alexander Barkawi.
Friday’s Jackson Hole meeting is an opportunity for central banks to face their interdependence with society and the environment and lead accordingly, say Positive Money’s David Barmes and Akiksha Chatterji in response to former Bank of England Governor Mervyn King.
Adam Tooze, professor of history at Columbia University and director of the European Institute, suggests that Fed chair Jerome Powell could be Biden’s shield for advancing the administration’s climate goals.
| Rank | Country | Aggregate Score (out of 130) | Grade (A+ to F) | Research and Advocacy (out of 10) | Monetary Policy (out of 50) | Financial Policy (out of 50) | Leading by Example (out of 20) |
|---|---|---|---|---|---|---|---|
| 19= |
 Argentina |
0 | F | 0 | 0 | 0 | 0 |
| 1 |
 France |
52 | C | 10 | 8 | 26 | 8 |
