Financial Regulation, Climate Change, and the Transition to a Low-Carbon Economy: A Survey of the Issues - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Financial Regulation, Climate Change, and the Transition to a Low-Carbon Economy: A Survey of the Issues write by Mr. Dimitri G Demekas. This book was released on 2021-12-17. Financial Regulation, Climate Change, and the Transition to a Low-Carbon Economy: A Survey of the Issues available in PDF, EPUB and Kindle. There are demands on central banks and financial regulators to take on new responsibilities for supporting the transition to a low-carbon economy. Regulators can indeed facilitate the reorientation of financial flows necessary for the transition. But their powers should not be overestimated. Their diagnostic and policy toolkits are still in their infancy. They cannot (and should not) expand their mandate unilaterally. Taking on these new responsibilities can also have potential pitfalls and unintended consequences. Ultimately, financial regulators cannot deliver a low-carbon economy by themselves and should not risk being caught again in the role of ‘the only game in town.’
Macroeconomic and Financial Policies for Climate Change Mitigation: A Review of the Literature
Macroeconomic and Financial Policies for Climate Change Mitigation: A Review of the Literature - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Macroeconomic and Financial Policies for Climate Change Mitigation: A Review of the Literature write by Signe Krogstrup. This book was released on 2019-09-04. Macroeconomic and Financial Policies for Climate Change Mitigation: A Review of the Literature available in PDF, EPUB and Kindle. Climate change is one of the greatest challenges of this century. Mitigation requires a largescale transition to a low-carbon economy. This paper provides an overview of the rapidly growing literature on the role of macroeconomic and financial policy tools in enabling this transition. The literature provides a menu of policy tools for mitigation. A key conclusion is that fiscal tools are first in line and central, but can and may need to be complemented by financial and monetary policy instruments. Some tools and policies raise unanswered questions about policy tool assignment and mandates, which we describe. The literature is scarce, however, on the most effective policy mix and the role of mitigation tools and goals in the overall policy framework.
Climate Change and Finance
Climate Change and Finance - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Climate Change and Finance write by Nader Naifar. This book was released on . Climate Change and Finance available in PDF, EPUB and Kindle.
Finance & Development, December 2019
Finance & Development, December 2019 - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Finance & Development, December 2019 write by International Monetary Fund. Communications Department. This book was released on 2019-12-06. Finance & Development, December 2019 available in PDF, EPUB and Kindle. This issue of Finance & Development looks at the economic and financial impact of climate policy choices. It points to concrete solutions that offer growth opportunities, driven by technological innovation, sustainable investment, and a dynamic private sector. The private sector can stop supporting or subsidizing industries and activities that damage the planet and instead invest in sustainable development. Governments can roll out policies to fight climate change and the destruction of nature. The paper highlights that technological change and innovations are central to longer-term efforts to mitigate climate change by developing alternatives to fossil fuels. A new, sustainable financial system is under construction. It is funding the initiatives and innovations of the private sector and amplifying the effectiveness of governments’ climate policies—it could even accelerate the transition to a low-carbon economy. The Bank of England’s latest survey finds that almost three-quarters of banks are starting to treat the risks from climate change like other financial risks—rather than viewing them simply as a corporate social responsibility. Banks have begun to consider the most immediate physical risks to their business models—from the exposure of mortgage books to flood risk to the impact of extreme weather events on sovereign risk.
Banking on Climate Change
Banking on Climate Change - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Banking on Climate Change write by Megan Bowman. This book was released on 2015. Banking on Climate Change available in PDF, EPUB and Kindle. Banking on Climate Change provides you with a comprehensive, cross-jurisdictional analysis of legislative and policy responses to climate change and the financial crisis in key market economies. The climate finance field is extremely new. This first qualitative study on corporate climate finance spells out the importance of private capital finance and public finance in facilitating the transition to a low-carbon economy. You'll find a thorough discussion and analysis of the discrete topics of finance and climate change, which will help you in your lending, investing and advising activities. Megan Bowman draws upon the access she has received to senior bank managers and international workshops to explore the activities of multilateral development banks and specialized climate funds. She also considers the influences of corporate law and corporate governance norms on directors' decision-making. She examines the risk/return theory for a range of private finance actors, and explores how business case logic and corporate social responsibility influence financial behaviors. She also looks at the case for Chinese 'state capital' for global green investment. Banking on Climate Change includes personal interviews with senior bank personnel, corporations and non-government organizations in the United States, Europe and Australia. This data will give you a key insight into how and why the banks make their decisions, and will be helpful for legal practitioners, policy-makers and anyone working in other private finance sectors.--
