Wednesday , February 19 2020
Home / FT Alphaville / Greening the financial system

Greening the financial system

Summary:
Economic and financial policy proposals to address climate change have been gathering momentum over recent years — to the point that it’s become fairly difficult to keep track of them all.As luck would have it, the IMF has a new working paper out which summarises the literature so far, highlighting potential fiscal and monetary approaches to “one of the greatest challenges of this century”.While it states that fiscal policies are “first in line”, we’d like to focus on the (slightly) narrower sphere of monetary and regulatory suggestions, which have clear implications for asset prices if they’re ever put into practice. Here are a few brief excerpts from the paper, which argues that markets cannot address the challenge “on their own”.First — capital requirements at banks, which would

Topics:
FT Alphaville considers the following as important:

This could be interesting, too:

Bradford DeLong writes Brad DeLong's Grasping Reality 2020-02-18 15:18:11

Simon Wren-lewis writes The left needs to campaign for social liberalism

Miles Kimball writes The Case Against Monosodium Glutamate—Why MSG is Dangerous (as are Other Sources of Free Glutamate) and How the Dangers Have Been Covered Up

Bradford DeLong writes Brad DeLong's Grasping Reality 2020-02-17 23:37:48

Economic and financial policy proposals to address climate change have been gathering momentum...

FT Alphaville
FT Alphaville is a free daily news and commentary service giving finance professionals the information they need, when they need it. In a world where market professionals are inundated with information there is a pressing need to edit and filter, and hopefully sow a few ideas along the way. That’s where the FT Alphaville team comes in.

Leave a Reply

Your email address will not be published. Required fields are marked *