Panel on "What implications does climate change have for central banks?"
Climate change and the policies addressing it have a profound impact on global economies and financial markets. As a consequence, they also have implications for the conduct of monetary policy, In recognition of these challenges, the ECB recently published an action plan to include climate change considerations in its monetary policy strategy. This panel will discuss the implications of climate change for central banks from the perspectives of science, policy, and civil society.
Panel discussion:
• Ottmar Edenhofer (Director and Chief Economist of the Potsdam Institute
for Climate Impact Research)
• Sylvie Goulard (Banque de France)
• Gerhard Schick (Finanzwende gGmbH)
Moderation:
Emanuel Moench (Federal Bank of Germany)