The role of bank capital requirements in addressing climate change

Host: Tom GoslingContributor: Martin OehmkeTom 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.