Are Central Banks the Hidden Climate Actor?
Central banks say they safeguard global stability. Their failure to confront climate risk is now a risk in itself, argues Heela Rasool-Ayub.
A project of Planetary Politics
Power Reimagined examines how the global energy transition is reshaping economic and geopolitical power. The initiative examines the intersection of climate change, industrial transformation, and financial systems to ensure a fair, equitable, and sustainable transition to clean energy. Focusing on climate finance, critical minerals, technology transfers, and industrial policy, we amplify Global South perspectives to inform policies that prevent power from concentrating in a few dominant actors. Through research, advocacy, and high-level dialogue, we seek to align climate ambition with climate justice worldwide.
Central banks say they safeguard global stability. Their failure to confront climate risk is now a risk in itself, argues Heela Rasool-Ayub.
Senior Director, Future Frontlines and Planetary Politics; Professor of Practice, Arizona State University
Senior Operations Associate, Planetary Politics
Director, Planetary Politics