Climate change challenges for central banks and financial regulators

Emanuele Campiglio

Publication: Scientific journalJournal articlepeer-review


The academic and policy debate regarding the role of central banks and financial regulators in addressing climate-related financial risks has rapidly expanded in recent years. This Perspective presents the key controversies and discusses potential research and policy avenues for the future. Developing a comprehensive analytical framework to assess the potential impact of climate change and the low-carbon transition on financial stability seems to be the first crucial challenge. These enhanced risk measures could then be incorporated in setting financial regulations and implementing the policies of central banks.
Original languageEnglish
Pages (from-to)462 - 468
JournalNature Climate Change
Publication statusPublished - 2018

Austrian Classification of Fields of Science and Technology (ÖFOS)

  • 401905 Renewable resources
  • 502042 Environmental economics
  • 201128 Sustainable building
  • 502018 Macroeconomics

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