Central Bank Mandates and Nature-Related Financial Risks: Incorporate — Incentivise?
Journal
Economic Analysis of Law in European Legal Scholarship
ISSN
2512-1294
ISSN-Digital
978-3-031-76021-1
ISBN
978-3-031-76020-4
Type
book section
Date Issued
2025-01-30
Author(s)
Abstract
Central banks are investigating nature-related and climate-related financial risks with a view to their relevance for the fulfilment of their tasks. To understand the situation, risk categories, their measurement and potential materialisation are discussed. The article points to the role of central banks based on their mandate. Do they have to incorporate these risks in their monetary policy? Do they have a duty of incentivisation? How far are they accountable or even liable?
Language
English
HSG Classification
contribution to scientific community
Refereed
Yes
Book title
Law and Economics of Corporate Governance - Shareholders, Stakeholders, and Beyond
Publisher
Springer Nature Switzerland
Publisher place
Springer Cham
Volume
19
Number
19
Start page
201
End page
220
Pages
20
Subject(s)