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Greener Central Banks: Exploring Possibilities

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  • Lim, C.S. Vincent

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.

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File URL: http://www.seacen.org/GUI/pdf/publications/staff_paper/2010/SP76.pdf
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This book is provided by South East Asian Central Banks (SEACEN) Research and Training Centre in its series Staff Papers with number sp76 and published in 2010.

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Handle: RePEc:sea:spaper:sp76

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  1. van den Bergh, Jeroen C. J. M., 2004. "Optimal climate policy is a utopia: from quantitative to qualitative cost-benefit analysis," Ecological Economics, Elsevier, vol. 48(4), pages 385-393, April.
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