GREEN MONETARY POLICY OF EUROPEAN UNION AND CANADA: AN INVESTIGATION
GREEN MONETARY POLICY OF EUROPEAN UNION AND CANADA: AN INVESTIGATION
Author(s): Malar Maran Rathnaswamy, Malar Mozhi Rathnaswamy, Malar Kumaran Rathnaswamy, Alexandru-Mircea NedeleaSubject(s): Energy and Environmental Studies, Economic policy, Financial Markets
Published by: Asociaţia de Cooperare Cultural-Educaţională Suceava
Keywords: Financial stability; price stability; low carbon economy; green finance;
Summary/Abstract: The greening monetary policy incorporates essential enduring policy decisions towards low carbon economy without deviating from the main functions of monetary policy. The challenges are safeguarding low carbon assets while the investors prefer carbon-intensive investments. European Central Bank of European Union and Bank of Canada in Canada are central banks and their priorities on greening monetary policy having different strategies and priorities. This paper investigates them.
Journal: Ecoforum
- Issue Year: 11/2022
- Issue No: 2
- Page Range: 0-0
- Page Count: 3
- Language: English