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Showing posts with label The Climate Stress Test. Show all posts
Showing posts with label The Climate Stress Test. Show all posts

Wednesday, April 24, 2024

Dr Eric Crampton: Still no prudential regulation case around climate change


The Reserve Bank of New Zealand desperately wants to find reasons to have workstreams in climate change.

It makes little sense.

They've run another stress test on the banks looking to see if they could find a prudential regulation case.