Should central banks be involved in sustainable finance?

Thornton, John (2025) Should central banks be involved in sustainable finance? Bancaria (April). ISSN 0005-4623 (In Press)

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Abstract

Much of the academic literature on role of central banks argues for the adaption of monetary policy instruments to encourage “green” activities and for integrating climate-related risks into financial stability frameworks. I argue that using monetary policy to direct credit flows is a discredited policy and that central banks should focus on meeting the challenges that climate change poses to financial stability.

Item Type:	Article
Uncontrolled Keywords:	sustainable finance,central bank policy,banks,environment,sdg 13 - climate action,1* ,/dk/atira/pure/sustainabledevelopmentgoals/climate_action
Faculty \ School:	Faculty of Social Sciences > Norwich Business School
Depositing User:	LivePure Connector
Date Deposited:	20 Mar 2025 15:30
Last Modified:	28 Mar 2025 13:15
URI:	https://ueaeprints.uea.ac.uk/id/eprint/98854
DOI:

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