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[Right Column] Central banks take climate change into account in formulating monetary policy

Megan Greene, a senior fellow at the Harvard Kennedy School of Government and a columnist for the Financial Times: "Central banks have always picked winners and losers at their own discretion, according to Greene, and they always will. Hence, “they might as well be thoughtful about it and address one of the biggest crises that we're facing.” Moreover, she argues that, “if you think climate change is as existential a threat as a war, then you can argue easily, I think, that central banks should step in again in the face of this threat.”

Published:10/6/2021 4:41:52 PM
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