How much of a help is a green banker?

In a new publication, SFL employee and PostDoc researcher Moutaz Altaghlibi quantifies the impact of green monetary policy and supervisory policies of the energy transition.

Green central bank intervention can reduce the cost of capital of green economic activities. The contribution in achieving climate goals is on average a 5%-12% of the needed climate action. Thus, the role of central banks in the transition is complementary to that of the government.