Beyond carbon pricing: the role of banking and monetary policy in financing the transition to a low-carbon economy

By Emanuele Campiglio. 2015

697 citations recorded by the source corpus.

Subfields: Economics and Econometrics, Renewable Energy, Sustainability and the Environment

View Paper: https://www.semanticscholar.org/paper/ccd4c1cd5f79365e71d58e3f0d34cec335cf8a12

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Citations in the corpus

How can green differentiated capital requirements affect climate risks? A dynamic macrofinancial analysis (2020, neutral): “Suggestions for such a transformation include various types of central bank and financial regulation tools as well as climate-related financial disclosures (see Campiglio, 2016; Volz, 2017; Campiglio et al., 2018; NGFS, 2018).”
A Financial Macro-Network Approach to Climate Policy Evaluation (2018, background): “…requirements (Volz, 2017; HLEG-Sust-Fin, 2018), • Green unconventional monetary policies, such as a green Quantitative Easing (QE) implemented by the central bank through the purchase of green assets (e.g. green bonds) from the banks (Campiglio, 2016; Monasterolo and Raberto, 2018; Barkawi, 2017).”
Assessing the Opportunities and Challenges of Green Finance in Italy: An Analysis of the Biomass Production Sector (2019, background): “Hajer [13], in his seminal paper on the influence of “acid rain” debate on environmental concerns, defines discourse as a set of ideas, thoughts and perspectives that shape the overall meaning of physical phenomena by framing storylines.”
Ecological Macroeconomic Models: Assessing Current Developments (2017, background): “Other contributions include research on working time reduction (Zwickl et al., 2016), the monetary system (Campiglio, 2016), and alternative indicators of progress (Howarth and Kennedy, 2016).”
Complexity and the Economics of Climate Change: A Survey and a Look Forward (2017, positive): “that financial and banking systems might play in inducing “green” investments and “green” entrepreneurship has received increasing attention (Mazzucato, 2015; Campiglio, 2016).”
Mobilizing private finance for low-carbon innovation – A systematic review of barriers and solutions (2017, neutral): “To allow institutional investors and banks to invest into clean technologies, risk and equity reserve requirement could be lowered in order to specifically allow for more green finance [26].”
From financial instability to green finance: the role of banking and credit market regulation in the Eurace model (2019, background): “The first feature regards a new design of banking regulation that follows a proposal by Campiglio (2016), which suggests the adoption of different capital adequacy ratios according to the type of lending that banking institutions provide.”
The green bond market: a potential source of climate finance for developing countries (2018, background): “The term ‘green bonds’ refers to bonds whose proceeds are used to finance environmentally-friendly projects (Mercer 2015), such as renewables, water and energy efficiency, bioenergy, and low carbon transports (Campiglio 2016).”
Climate change challenges for central banks and financial regulators (2018, background): “Certain market failures existing in financial systems might 75 not be properly addressed by pricing mechanisms, thus providing inadequate incentives to mobilize low-carbon 76 investments at the scale and pace required.(14) More importantly, government climate policies might not by 77 themselves prev”
Three green financial policies to address climate risks (2021, background): “Our findings underline the importance of coupling green Basel requirements (as advocated in Campiglio, 2016) with government’s intervention cooling down the risks from green projects (Safarzyńska and van den Bergh, 2017; Monasterolo and Raberto, 2018; Raberto et al., 2018) and backing green loans.”