Scholarlink

<p>In this article, we propose Green Monetary Policy (GMP) to systemically finance the green transition, moving beyond traditional redistributive mechanisms. We introduce two new tools: Green Quantitative Easing (GQE) and Green Digital Currencies (GDCs). These enable central banks to create new money explicitly for sustainable investments. By embedding sustainability into monetary creation, GMP reduces political resistance, minimizes regulatory complexity, and offers a proactive, inclusive framework for climate governance.</p>

错误：搜索内容不能为空，请输入英文关键词
错误：关键词超出字数限制，请精简
高级检索

Green Monetary Policy and the creation of new money for the green transition

  • 期刊论文

  • 出版模式：

    开放获取

  • 发表日期：

    2026年4月13日

查看全文
  • Thomas Kalinowski,
  • Stefan Brunnhuber

摘要

In this article, we propose Green Monetary Policy (GMP) to systemically finance the green transition, moving beyond traditional redistributive mechanisms. We introduce two new tools: Green Quantitative Easing (GQE) and Green Digital Currencies (GDCs). These enable central banks to create new money explicitly for sustainable investments. By embedding sustainability into monetary creation, GMP reduces political resistance, minimizes regulatory complexity, and offers a proactive, inclusive framework for climate governance.