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Central Banks Crucial Role in Combating Climate Change

Can central banks fight climate change? A Northeastern researcher explains their role in promoting sustainable financial practices.

City ofUnited kingdomJenniec stephensJennie stephensMartin sokolStrategic research collaborationsTrinity college dublinEuropean central bankNortheastern universityMatthew modoono northeastern universityFederal reserveGlobal resilience instituteReserve boardSustainability scienceGlobal resilience

Can central banks fight climate change? Researcher explains role in promoting sustainable financial practices

Can central banks fight climate change? Researcher explains role in promoting sustainable financial practices
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United arab emiratesJenniec stephensMartin sokolTrinity college dublinNortheastern universityGlobal resilience instituteFederal reserveAssociated pressMatthew modoono northeastern universityStrategic research collaborationsHarvard radcliffe institute for advanced studyEuropean central bankSustainability scienceGlobal resilienceReserve boardHarvard radcliffe institute

Central banks should be fighting the climate crisis – here s why

Central banks are public institutions, charged with maintaining economic stability through controlling the supply of money in an economy.

Martin sokolJenniec stephensTrinity college dublinNortheastern university

Why the Fed should treat climate change s 0B economic toll like other national crises it s helped fight

Climate disasters are now costing the United States US0 billion per year , and the economic harm is rising. The real estate market has been disrupted as home insurance rates skyrocket along with …

United statesNortheastern universityJerome powellMartin sokolCharles krupaJenniec stephensNational climate assessmentUs national climate assessmentFederal reserveTrinity college dublinEuropean central bankHouse committee on financial servicesEuropean unionFed chair jerome powellReserve chairman jerome powellHouse committee