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ECB's Sleijpen Says Central Banks Can't Ignore Climate Change

Original: ECB’s Sleijpen Says Central Banks Can’t Ignore Climate Change

A European Central Bank official, Sleijpen, said central banks cannot afford to ignore climate change, arguing it is relevant to their mandates and financial stability work. The remarks underscore ongoing debate among policymakers about how far monetary authorities should engage with climate risks, a topic that divides economists and politicians.

Why now: Central banks' role in climate policy is a live and contested debate among policymakers and the public.

SleijpenEuropean Central Bank

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