There is a vast array of information, research and news on central banks and climate change. Green Central Banking cuts through the noise and provides comprehensive and up-to-date content on the key issues.
The science is unequivocal. Global emissions of greenhouse gasses must end within years to avoid catastrophic and potentially permanent climate change and instability. Through the Paris Agreement, the countries of the world agreed on a target of limiting global heating to well below 2°C, and preferably to 1.5°C, and the IPCC has outlined a pathway for the emissions reductions necessary to reach this target.
Although meaningful progress has been slow, central banks and financial supervisors are now recognising their systemic and leadership role in this international and societal-wide effort towards a transition to a post-carbon world. The unique power and influence of central banks and regulatory institutions gives them unique responsibilities in this global effort to maintain long term climatic stability, and thus financial, economic and social stability as well. If humanity is to avoid climatic and ecological disaster, central banking and financial supervision must become green.
Green Central Banking assists central bankers and financial supervisors in this transition by providing the latest news on central banking and climate change, and by curating the latest research and policy proposals from academics, think tanks, civil society and central banks. We ensure that you are informed about the latest developments and thinking on green central banking.
Green Central Banking is editorially independent and funded by The Sunrise Project, which addresses the role of the finance sector in the climate crisis. The organisation also runs a central banks program in many countries which is at the intersection of thinktanks, research institutes and civil society organisations focused on aligning central banking and financial supervision with the science-based targets and pathways of the Paris Agreement.
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