Oil Change International's report, to which I contributed research. "While some central bank executives claim that tackling the climate crisis is beyond their mandates, at the same time they have positively reinforced fossil fuel financing, and even directly financed fossil fuel production. [...] Central banks have the tools to catalyze and accelerate the end of financing for fossil fuels — through monetary policy, regulatory action, and excluding fossil fuel assets from their own portfolios. But, with only limited exceptions, they are not using these tools."
Tuesday, 31 August 2021
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