The Fed's Race Against Climate Inaction
Central banks have long been admired and feared for the firepower they exert on global financial markets - and society. So why then does Federal Reserve Chair Jerome Powell argue that central banks have no business making climate-change policy?
Join us for Climate Week's only discussion on the role of central banks and the escalating climate crisis.
Key focus issues
Central banks launched coordinated responses to the COVID-19 Crisis and the Great Financial Crisis of 2008-2009. Why can't they get their act together to confront the escalating climate crisis?
What innovative policy and regulatory tools are needed?
How do central banks incorporate natural capital into the monetary fix?
Distinguished Panel Members
Ralph Chami - Former International Monetary Fund Assistant Director, CEO and co-founder Blue-Green Futures, visiting professor at Williams College.
Steven M. Rothstein - Founding Managing Director of the Ceres, Inc. Accelerator for Sustainable Capital Markets.
Vinod Thomas - Visiting Professor at Lee Kuan Yew School of Public Policy, National University of Singapore, former Director General World Bank and ADB and author of "Risk and Resiliency in the era of climate change."
MODERATOR
Frank Van Gansbeke - Executive Scholar in Residence at Middlebury College and co-founder of Beyond Bretton Woods
MC
Peter McKillop – Founder Climate & Capital Media and publisher of Green Central Banking