Inquiry Publications

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  What Role for Financial Supervisors in Addressing Systemic Environmental Risks?

  Date: 15-Apr-2015

  Since the global financial crisis, financial supervisors have developed a new macroprudential policy framework: mechanisms to identify systemic financial imbalances and instruments to address these. At the same time, a literature is rapidly developing on financial shocks that may originate from ecological imbalances, triggered by either intensified environmental policies to protect ecological boundaries or due