Central banks should be fighting the climate crisis—here's why
Climate finance was a major focus at the recent COP28 summit, but one set of game-changing institutions remains largely missing in such conversations: central banks.
Climate finance was a major focus at the recent COP28 summit, but one set of game-changing institutions remains largely missing in such conversations: central banks.
Economics & Business
Jan 5, 2024
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Climate disasters are now costing the United States US$150 billion per year, and the economic harm is rising.
Environment
Nov 30, 2023
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As the Bank of Canada prepared to announce its decision on interest rates in early September, Tiff Macklem, the bank's governor, received imploring letters from premiers spanning both the country and the political spectrum.
Economics & Business
Sep 29, 2023
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New research suggests that the U.S. municipal bond market systemically misprices risk, as the pricing of municipal debt does not account for local physical climate risk, but does demand larger credit spreads from communities ...
Economics & Business
Aug 9, 2023
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Researchers from the Work Foundation at Lancaster University say the notion that people are choosing to stay in insecure work for the "perk" of flexibility is flawed—as almost half (46%) would find another job if given ...
Economics & Business
Jul 18, 2023
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The latest Bayes UK Commercial Real Estate Year-end 2022 report shows that despite the increase in interest rates in Q3 2022 and the decline in real estate market transactions, lenders continued to close new loans.
Economics & Business
Apr 26, 2023
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So you think you know why rents climbed.
Economics & Business
Apr 11, 2023
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It's not exactly comforting that the United States is running up against its debt limit, as officials announced this week, nor is there immediate cause for concern for the average taxpayer, says University of Michigan economist ...
Economics & Business
Jan 20, 2023
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The day before new U.K. chancellor Kwasi Kwarteng's mini-budget plan for economic growth, a pound would buy you about $1.13. After financial markets rejected the plan, the pound suddenly sunk to around $1.07. Though it has ...
Economics & Business
Oct 3, 2022
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13
While thermometers have been well into the red across the northern hemisphere, people are panicking about the cost of energy bills once winter starts to bite. According to the latest forecasts in the UK, the minimum price ...
Economics & Business
Aug 16, 2022
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