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Emanuel Moench, Deutsche Bundesbank, on Central Banks and the Climate Crisis

A Sustainable Future

CHAPTER

Climate Change and Montri Policy

I'd like to touch on the fact that you coach here the recent e c b strategy review occasional paper. It's 200 pages, almost climate change and monetary policy in the urarea. I've got a lot of questions, but maybe we start by could you characterize the findings and recommendations, i think, broadly? And to what degree does it ultimately, or does it try to rationalize central bank oversight of climate risk as financial risk?

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