The global climate effects of rising carbon emissions are fast becoming too costly to ignore. However, mitigating these effects also carry risks and involve transition costs that can be difficult to estimate upfront. We explore how these developments could affect financial stability and how trends in sustainable finance are being used to respond to the associated threats and opportunities. Introduction: limiting the costs of climate change and the ‘just energy transition’
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Ten-year Treasury yields jumped another 12 bps this week, with a two-week gain of 44 bps. War rages in Ukraine with no end in sight. Click here for a full update.