Supporting the Transition to Net-Zero Emissions: The Evolving Role of Central Banks

Karen McGuinness

No 2023-31, Discussion Papers from Bank of Canada

Abstract: While climate change was largely tackled by government policies in the past, central banks are increasingly grappling with the risks climate change poses. They are evaluating their operational policies to reflect these risks and the transition to a net-zero economy. This paper explores the trade-offs and considerations central banks face.

Keywords: Central bank research; Climate change; Financial markets (search for similar items in EconPapers)
JEL-codes: D53 E58 E63 G32 Q Q54 (search for similar items in EconPapers)
Pages: 17 pages
Date: 2023-12
New Economics Papers: this item is included in nep-ban, nep-cba, nep-ene, nep-env and nep-mon
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Persistent link: https://EconPapers.repec.org/RePEc:bca:bocadp:23-31

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