We need Central Banks to Join the Fight against Climate Change

Introduction.

Climate change is the biggest threat to humanity, from the loss of human life, degradation, and extinction of biodiversity, the ecological and financial implications are well documented. Extreme weather events are on the rise, which imperils asset classes ranging from infrastructure to tourism that has come to form a bulwark for economic development and prosperity in several countries across the world. In other to guard against financial stability risks that are latent in extreme climate events, central banks…