Munich Personal RePEc Archive

Leveraging monetary policy and banking regulation for climate action in Nigeria

Oguntuase, Oluwaseun J. and Ajibare, Adedayo O. (2018): Leveraging monetary policy and banking regulation for climate action in Nigeria.

[img] PDF
MPRA_paper_89611.pdf

Download (275kB)

Abstract

The paramount question about global climate change is no longer whether climate will change, but how we should respond. There is urgent need for banks and their regulators to respond, as climate change continues to negatively impact economies around the world. This paper examined how the Central Bank of Nigeria (CBN) could align monetary policy and banking regulations to better meet the challenges posed by climate change to the banking sector and financial stability in Nigeria. The paper concluded that the CBN must explore the linkages between monetary policy and banking regulation to mitigate the effects of climate fragilities on Nigerian banks and financial stability in the country.

UB_LMU-Logo
MPRA is a RePEc service hosted by
the Munich University Library in Germany.