Let's talk about the weather: the impact of climate change on central banks

Misa Tanaka examines the channels via which climate change and policies to mitigate it could affect a central bank’s ability to meet its monetary and financial stability objectives. Misa Tanaka is the Head of Research at the Bank of England. She joined the Bank of England in 2002 after completing a D.Phil in Economics at Nuffield College, University of Oxford. She has held a number of positions across Monetary Analysis, Financial Stability, and Prudential Policy Areas of the Bank. Misa has previously published articles on international policy spillovers, bonus regulations, and sovereign debt finance in Journal of Money, Credit and Banking, Journal of Financial Intermediation, and Economic Journal, amongst others. Misa’s current research interests include macroprudential policy, microprudential policy and the impact climate change on the financial system.

 

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