Greener Central Banks: Exploring Possibilities

Vincent Lim

in Staff Papers from South East Asian Central Banks (SEACEN) Research and Training Centre

Abstract: The mandate of a central bank typically includes maintaining price stability and ensuring financial system stability and sustainable economic growth. In the near future, the central bank can arguably play a very important role by being a leader rather than a laggard in climatic change policies. In the effort to mainstream climate change policies of a central bank, the 'green' concept can be integrated and incorporated in all aspects of a central bank's policies. The paper thus attempts to explore opportunities for adopting an explicit green policy agenda by a central bank.

Date: 2010
ISBN: -
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