What inclusive green finance could look like for central banks and financial supervisors
Disasters like cyclones and wildfires and slow-onset events, such as ocean acidification and desertification, affect livelihoods and make micro, small and medium-sized enterprises and vulnerable households even higher-risk customers for financial services providers. Ulrich Volz and Peter Knaack write that well-designed inclusive green finance policies could reduce the financial exclusion of vulnerable groups while driving a virtuous cycle of growing resilience and a just transition to a low-carbon, sustainable economy.
Climate and environmental change can have profound economic impacts, which may disproportionately affect financially Read More
This blog post is co-published with LSE’s Grantham Research Institute on Climate Change and the Environment. It is based on Inclusive green finance: A new agenda for central banks and financial supervisors, The Inspire Sustainable Central Banking Policy Toolbox, Policy Briefing 12.
The post represents the views of its authors, not the position of LSE Business Review or the London School of Economics.
Featured image by John Middelkoop on Unsplash
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