Is It Time To Take Away The Carbon Punch Bowl?
Josh Ryan-Collins | 5 September 2017
Blog,
Monetary | Tags:
Climate Change,
Financial Stability,
Macroprudential Regulation Climate change poses serious financial risks. Perhaps the biggest systemic risk is a disorderly transition to a low carbon economy. As noted in the Bank of England’s ‘response to Climate Change’, current forecasts suggest that to keep global average temperatures below 2 degrees, around two-thirds of
... continue reading
Why Monetary Policy Should Go Green
Alexander Barkawi | 19 May 2017
Blog,
Monetary | Tags:
Climate Change,
Collateral Frameworks,
Green Finance,
QE Guest Post, FT Alphaville. Monetary policy is rarely a topic in debates on green finance. It should. The €60bn that the European Central Bank is currently injecting into financial markets on a monthly basis are a case in point. Its intervention amounts to nearly three
... continue reading
Climate Change, Carbon Pricing and Energy Tax Expenditures
Agustin Redonda | 6 October 2016
Blog,
Fiscal | Tags:
Carbon Pricing,
Climate Change,
Energy,
Tax Expenditures Climate change is moving up policy agendas worldwide. Last year’s COP21 was yet another wake-up call that the international community needs to take urgent action to reduce greenhouse gas (GHG) emissions. The main outcome of the meeting, the Paris Agreement, was a significant milestone in
... continue reading
Global Finance, Debt and Sustainability
3 October 2016, Zurich, Switzerland Lectures,
Monetary | Tags:
Climate Change,
Debt,
Financial Regulation,
Housing,
Inequality CEP Lecture by Adair Turner co-hosted with the IMF. Lord Turner has been a Senior Fellow at the Institute for New Economic Thinking since 2013, and in 2015 became Chairman of the Institute’s Governing Body.
... continue reading