Climate change, food security, and central banks in developing economies
Climate change represents a rapidly emerging challenge for central banks, particularly in developing economies. Central banks have tools to increase the economy’s resilience, enable reallocation of resources to reduce costs and grasp opportunities, and smooth the transition to a low carbon economy....
| Autores principales: | , , , |
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| Formato: | Brief |
| Lenguaje: | Inglés |
| Publicado: |
T20 Italy
2021
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| Acceso en línea: | https://hdl.handle.net/10568/142133 |
| _version_ | 1855530910031544320 |
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| author | Arndt, Channing Hartley, Faaiqa Loewald, Christopher Makrelov, Konstantin |
| author_browse | Arndt, Channing Hartley, Faaiqa Loewald, Christopher Makrelov, Konstantin |
| author_facet | Arndt, Channing Hartley, Faaiqa Loewald, Christopher Makrelov, Konstantin |
| author_sort | Arndt, Channing |
| collection | Repository of Agricultural Research Outputs (CGSpace) |
| description | Climate change represents a rapidly emerging challenge for central banks, particularly in developing economies. Central banks have tools to increase the economy’s resilience, enable reallocation of resources to reduce costs and grasp opportunities, and smooth the transition to a low carbon economy. Specific measures, such as changes to selected macroprudential rules, merit consideration. The climate challenge also highlights two traditional mandates. First, price and financial stability support investment and long-term price discovery, both crucial to climate response. Second, central banks are already critical providers of information to public and private decision-makers. Creation and dissemination of knowledge that facilitates improved decision-making by public and private actors (notably investors) may be central banks’ most important contribution to more favourable social, economic, and environmental outcomes in a context of climate change. The T20 can play important roles in facilitating this knowledge acquisition by central banks in developing countries. |
| format | Brief |
| id | CGSpace142133 |
| institution | CGIAR Consortium |
| language | Inglés |
| publishDate | 2021 |
| publishDateRange | 2021 |
| publishDateSort | 2021 |
| publisher | T20 Italy |
| publisherStr | T20 Italy |
| record_format | dspace |
| spelling | CGSpace1421332024-10-25T07:59:25Z Climate change, food security, and central banks in developing economies Arndt, Channing Hartley, Faaiqa Loewald, Christopher Makrelov, Konstantin information dissemination banks price stabilization developing countries economic stabilization food security resilience climate change Climate change represents a rapidly emerging challenge for central banks, particularly in developing economies. Central banks have tools to increase the economy’s resilience, enable reallocation of resources to reduce costs and grasp opportunities, and smooth the transition to a low carbon economy. Specific measures, such as changes to selected macroprudential rules, merit consideration. The climate challenge also highlights two traditional mandates. First, price and financial stability support investment and long-term price discovery, both crucial to climate response. Second, central banks are already critical providers of information to public and private decision-makers. Creation and dissemination of knowledge that facilitates improved decision-making by public and private actors (notably investors) may be central banks’ most important contribution to more favourable social, economic, and environmental outcomes in a context of climate change. The T20 can play important roles in facilitating this knowledge acquisition by central banks in developing countries. 2021-09-01 2024-05-22T12:10:01Z 2024-05-22T12:10:01Z Brief https://hdl.handle.net/10568/142133 en Open Access T20 Italy Arndt, Channing; Hartley, Faaiqa; Loewald, Christopher; and Makrelov, Konstantin. 2021. Climate change, food security, and central banks in developing economies. Task Force 2 Climate Change, Sustainable Energy & Environment Brief September 2021. https://www.t20italy.org/2021/09/22/climate-change-food-security-and-central-banks-in-developing-economies |
| spellingShingle | information dissemination banks price stabilization developing countries economic stabilization food security resilience climate change Arndt, Channing Hartley, Faaiqa Loewald, Christopher Makrelov, Konstantin Climate change, food security, and central banks in developing economies |
| title | Climate change, food security, and central banks in developing economies |
| title_full | Climate change, food security, and central banks in developing economies |
| title_fullStr | Climate change, food security, and central banks in developing economies |
| title_full_unstemmed | Climate change, food security, and central banks in developing economies |
| title_short | Climate change, food security, and central banks in developing economies |
| title_sort | climate change food security and central banks in developing economies |
| topic | information dissemination banks price stabilization developing countries economic stabilization food security resilience climate change |
| url | https://hdl.handle.net/10568/142133 |
| work_keys_str_mv | AT arndtchanning climatechangefoodsecurityandcentralbanksindevelopingeconomies AT hartleyfaaiqa climatechangefoodsecurityandcentralbanksindevelopingeconomies AT loewaldchristopher climatechangefoodsecurityandcentralbanksindevelopingeconomies AT makrelovkonstantin climatechangefoodsecurityandcentralbanksindevelopingeconomies |