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Climate change and environmental degradation affect the economy in far-reaching ways, including significant implications for financial stability and the future profitability of commercial enterprises. Green central banking has emerged as an important development to combat climate change-related financial risks resulting from the introduction of green prudential measures across countries. What factors determine the likelihood of the adoption of green prudential regulations? In this webinar, Ramkishen S Rajan of the National University of Singapore, co-author of the empirical paper “Why are Some Countries Greening Macroprudential Regulations Faster than Others?”, will examine the reasons behind the differential take-up of green macroprudential policies across countries.
The presentation will be followed by a discussion and Q&A session moderated by Professor Heiwai Tang of the University of Hong Kong.
The AGI Public Policy Webinar Series features leading academics and scholars from universities and think tanks around the world presenting current research on global public-policy issues and discussing their significance and implications for Asia and the world. All are welcome.
Heiwai Tang is Professor of Economics, as well as Associate Director of the Asia Global Institute, the Institute for China and Global Development and the Hong Kong Institute of Economics and Business Strategy at the University of Hong Kong (HKU).View Profile