Dr Matthias Kroll

Where to get the money from to finance the transition to a low carbon economy? Simple: 'QE for climate' by the world's central banks. Photo: Pictures of Money via Flickr (CC BY).

'QE for climate' is the win-win solution for COP21

Dr Matthias Kroll
| 25th November 2015
The governor of the Bank of England recently argued that the risk to the stability of the financial system from climate change is a responsibility of central banks, writes Matthias Kroll. They can begin by using QE - 'quantitative easing' - to finance the Green Climate Fund, and so stimulate the economy, rescue the climate, and save the global financial system.

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