Green Central Banking’s Post

Shifting from Financial Stability to Price Stability: A New Approach for Central Banks Central banks need to move beyond a narrow focus on financial stability to address the broader implications of climate change. In a new paper, economists David Barmes and Simon Dikau argue that climate and transition-related factors are key drivers of inflation. They propose that central banks incorporate sustainability within their price stability mandates to effectively combat climate risks. Discover how this shift in focus can lead to a more resilient and sustainable financial system. 🔗 Read the full article >> GreenCB.co/3RE7GJ6 #ClimateChange #CentralBanking #PriceStability #SustainableFinance

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