Host: Tom Gosling

Contributor: Martin Oehmke

Tom Gosling interviews Professor Martin Oehmke on how bank capital rules might integrate climate risks. They debate whether rules can be used to incentivize green lending—or whether this would backfire—and why capital requirements can't play the same role as a carbon tax.

Read Professor Martin Oehmke's paper Green Capital Requirements

To learn more about the Initiative in Sustainable Finance (ISF), visit ISF's website.

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