Reader in Economics @SOAS University of London | Macroeconomics; finance; climate crisis; inequality.
Oct 8, 2021 • 8 tweets • 2 min read
In this new @SOASEconomics working paper I argue that we need to move beyond the risk exposure approach to the design of climate-aligned monetary and financial policies soas.ac.uk/economics/rese…. 1/n
The risk exposure approach focuses on how individual financial institutions and central banks can protect themselves from climate change. Most of the actions of the ECB climate roadmap (ecb.europa.eu/press/pr/date/…) rely on this approach. 2/n