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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.

Suggested Citation

  • Lim, C.S. Vincent, 2010. "Greener Central Banks: Exploring Possibilities," Staff Papers, South East Asian Central Banks (SEACEN) Research and Training Centre, number sp76.
    • Handle: RePEc:sea:spaper:sp76
    as

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    File URL: http://www.seacen.org/GUI/pdf/publications/staff_paper/2010/SP76.pdf
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    References listed on IDEAS

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    3. ZhongXiang Zhang, 2013. "Energy and Environmental Issues and Policy in China," Working Papers 2013.92, Fondazione Eni Enrico Mattei.
    4. 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.
    5. -, 2009. "The economics of climate change," Sede Subregional de la CEPAL para el Caribe (Estudios e Investigaciones) 38679, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).
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    Cited by:

    1. Hookyu Rhu & C.S. Lim Vincent & L.C. Ong Vivien, 2012. "Rethink Policy Collaboration," Staff Papers, South East Asian Central Banks (SEACEN) Research and Training Centre, number sp88.
    2. Eufrocinio M. Bernabe, Jr, 2012. "Framework for Macro-prudential Policies for Emerging Economies in a Globalized Environment," Research Studies, South East Asian Central Banks (SEACEN) Research and Training Centre, number rp88.

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