Dirk Schoenmaker and Hesse McKechnie argue that central banks should take a macro approach to managing system-wide risks stemming from the climate transition to net zero
Dirk Schoenmaker and Hesse McKechnie argue that central banks should take a macro approach to managing system-wide risks stemming from the climate transition to net zero
Recent research suggests that the impact of climate change on economic output might have been underestimated. Senne Aerts, Livio Stracca and Agnieszka Trzcinska highlight advances in understanding and measuring the economic impact of climate change and the remaining uncertainties
Climate and nature-related risks are significant financial risks. Frank Elderson argues that they therefore fall within the respective mandates of central banks and supervisors – to preserve price stability and ensure the safety and soundness of banks
Extreme weather events are bringing devastating consequences for an increasing number of people. Senne Aerts, Livio Stracca and Agnieszka Trzcinska highlight the uncertainties and the importance of continued dialogue to refine our understanding of climate-induced economic losses
Many have postulated degrowth as a strategy to confront environmental and social problems. Ivan Savin and Jeroen van den Bergh review the content, data, and methods and conclude that most studies are opinions rather than analysis
The clean energy transition is advancing. Jorgo Chatzimarkakis explores the roadmaps and challenges to boosting hydrogen’s role for decarbonisation