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Risking the planet? The pathologies and potentials of central banks' riskbased approach to the climate crisis

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  • Täger, Matthias

Abstract

Both the global financial crisis and its aftermath and the Covid-19 pandemic shone a bright spotlight on the extensive powers of central banks. The magnitude of interventions in financial markets in both instances dwarfed efforts by fiscal authorities, not just illustrating the relative significance of central banks' role in economic governance vis-à-vis other state institutions but also highlighting the vital role they have come to play in the governance of financial capital that no longer simply governs itself.

Suggested Citation

  • Täger, Matthias, 2025. "Risking the planet? The pathologies and potentials of central banks' riskbased approach to the climate crisis," economic sociology. perspectives and conversations, Max Planck Institute for the Study of Societies, vol. 26(2), pages 11-17.
    • Handle: RePEc:zbw:econso:317800
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