Governance of financial sector policies in an era of climate change

Daniel C. Hardy

Chapter 10 in Central Banks and Supervisory Architecture in Europe, 2022, pp 108-120 from Edward Elgar Publishing

Abstract: The climate change crisis demands policy innovations from supervisory and monetary authorities, starting with a requirement that they and other financial market participants track and manage the growing risks. The maintenance of good governance practices may be challenging but is essential for the acceptance of these measures. The financial sector authorities can do much within their existing mandates, but need to be wary of expanding beyond their traditional remit.

Keywords: Economics and Finance (search for similar items in EconPapers)
Date: 2022
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