Central banks looking to go green in climate change fight ...Qatar

Gulf Times - News
Central banks looking to go green in climate change fight
No longer is climate change a debatable problematic with some research models suggesting up to a quarter of global GDP - currently around $80tn - could be lost if no action is taken to reduce carbon dioxide emissions. Across the world, central banks, policymakers, and investors are waking up to the compelling reality. For sure, central banks are the most powerful financial institutions in the world. Now they’re increasingly looking to play a key role in mitigating the impact of rising sea levels, more wildfires, and bigger storms that could cause shortages leading to a rise in inflation. Central banks have responded to Covid-19 with record stimulus. Qatar Central Bank Governor HE Sheikh Abd

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