How can monetary policy, fiscal policy and financial sector regulation help in the fight against climate change? a) What types of fiscal policies have been used to discourage pollution? Have they been sufficient and effective? What other fiscal policies can be used to help the transition to a greener technology and to discourage pollution? Please provide evidence and also discuss the political challenges. b) What role can Central Banks play in the fight against climate change? What has been done so far and what can be further accomplished? Is there clash between the old mandate of Central Banks to keep inflation stable, have output gap of zem and prevem financial sector disruptions and the new mandate of Central Banks which also inchides preventing climate change!
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a) What types of fiscal policies have been used to discourage pollution? Have they been sufficient and effective? What other fiscal policies can be used to help the transition to a greener technology and to discourage pollution? Please provide evidence and also discuss the political challenges.
b) What role can Central Banks play in the fight against climate change? What has been done so far and what can be further accomplished? Is there clash between the old mandate of Central Banks to keep inflation stable, have output gap of zem and prevem financial sector disruptions and the new mandate of Central Banks which also inchides preventing climate change!
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