Publication Type
Journal Article
Version
publishedVersion
Publication Date
7-2020
Abstract
The current global greenhouse gas (GHG) emissions trajectory indicates that the world is likely to experience catastrophic consequences due to climate change, unless swift action is taken towards funding green solutions and the defunding of fossil fuel activities (IPCC 2018). While there is an extensive academic literature on the links between environmental and fiscal policies and the low-carbon energy transition (Aghion et al. 2016; Ambec et al. 2013; Cojoianu et al. 2020), as well as on optimal environmental policies in times of economic downturns (van den Bijgaart and Smulders 2018), we know less about what the role of central banks is in promoting a green economic recovery and how monetary policy objectives interact with climate change mitigation objectives in the short and long term (Battiston and Monasterolo 2019; Matikainen et al. 2017).
Discipline
Environmental Sciences | Finance and Financial Management
Research Areas
Integrative Research Areas
Publication
Environmental and Resource Economics
Volume
76
First Page
481
Last Page
486
ISSN
0924-6460
Identifier
10.1007/s10640-020-00450-z
Publisher
Springer
Citation
COJOIANU, Theodor Florian; Collins, E.; Hoepner, Andrea G. F.; Magill, D.; O'Neill, T.; and Schneider, F. I..
In the name of COVID-19: Is the ECB fuelling the climate crisis?. (2020). Environmental and Resource Economics. 76, 481-486.
Available at: https://ink.library.smu.edu.sg/cis_research/366
Creative Commons License
This work is licensed under a Creative Commons Attribution-NonCommercial-No Derivative Works 4.0 International License.
Additional URL
https://doi.org/10.1007/s10640-020-00450-z