IDEAS home Printed from https://ideas.repec.org/h/spr/sprchp/978-3-030-91578-0_6.html
   My bibliography  Save this book chapter

The Role of Central and Public Banks

In: Sustainable Finance

Author

Listed:
  • Molly Scott Cato

    (University of Roehampton)

Abstract

The chapter begins by considering why, in a climate emergency, banks are still investing in fossil fuels, and provides an account of who are the big players in this dirty market. Central Banks have been operating until recently within extremely restricted mandates, largely focused on low inflation and with an eye on unemployment. Growing demands for the sustainability transition to become part of the mandate of central banks were answered for the Bank of England in the budget in March, setting the pace for other countries. This chapter will also cover the issues of carbon stress tests and credit guidance, as well as exploring the role of public development banks such as the German KfW in financing the sustainability transition. It ends with a brief note about the role of the world’s bank, the IMF.

Suggested Citation

  • Molly Scott Cato, 2022. "The Role of Central and Public Banks," Springer Books, in: Sustainable Finance, chapter 0, pages 99-119, Springer.
    • Handle: RePEc:spr:sprchp:978-3-030-91578-0_6
    DOI: 10.1007/978-3-030-91578-0_6
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:sprchp:978-3-030-91578-0_6. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.