Central banking challenges posed by uncertain climate change and natural disasters
探讨气候变化对全球政策制定者的挑战,分析中央银行在应对气候变化和自然灾害时应扮演的角色,强调明确目标和执行以维持可信度,并避免夸大对气候变化的认知。
Climate change poses an important policy challenge for governments around the world. The challenge is made all that much more difficult because of the multitude of potential policymakers involved in setting the policy worldwide. What then should be the role of central banks? How are climate change concerns similar to or distinct from those of other natural disasters? Clarity of ambition and execution will help to ensure that central banks maintain credibility. By adhering to their mandated roles, they retain their critically important distance from the political arena. Their credibility will be further enhanced by avoiding the temptation to exaggerate our understanding of climate change.