Speeches in the green: The political discourse of green central banking
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216208%3A11320%2F25%3AQZ25DTHT" target="_blank" >RIV/00216208:11320/25:QZ25DTHT - isvavai.cz</a>
Result on the web
<a href="https://www.scopus.com/inward/record.uri?eid=2-s2.0-85194464691&doi=10.1016%2fj.eneco.2024.107646&partnerID=40&md5=ae748056d8457f9727b47a190af81f1a" target="_blank" >https://www.scopus.com/inward/record.uri?eid=2-s2.0-85194464691&doi=10.1016%2fj.eneco.2024.107646&partnerID=40&md5=ae748056d8457f9727b47a190af81f1a</a>
DOI - Digital Object Identifier
<a href="http://dx.doi.org/10.1016/j.eneco.2024.107646" target="_blank" >10.1016/j.eneco.2024.107646</a>
Alternative languages
Result language
angličtina
Original language name
Speeches in the green: The political discourse of green central banking
Original language description
In this paper, we employ a keyword-assisted topic model to quantify the extent of climate-related communication of central banks. We find evidence for a significant increase in climate-related speeches by central banks, which address the topic mostly in parallel with issues related to financial stability, whereas monetary policy and price stability are less emphasized. Finally, we examine factors that can explain the extent of green communication by central banks. Controlling for macroeconomic and climate-related variables, we identify two external factors that can prompt central banks to increase green communication: First, peer pressure, as measured by membership in Network for Greening the Financial System (NGFS), increases green communication. Second, a high degree of governmental climate engagement, reflected by the scope of national climate policies, correlates positively with central banks’ green communication. Whether the central bank has an implicit or explicit sustainability mandate, however, does not explain the extent of green communication. © 2024 Elsevier B.V.
Czech name
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Czech description
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Classification
Type
J<sub>SC</sub> - Article in a specialist periodical, which is included in the SCOPUS database
CEP classification
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OECD FORD branch
10201 - Computer sciences, information science, bioinformathics (hardware development to be 2.2, social aspect to be 5.8)
Result continuities
Project
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Continuities
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Others
Publication year
2024
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Name of the periodical
Energy Economics
ISSN
0140-9883
e-ISSN
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Volume of the periodical
135
Issue of the periodical within the volume
2024
Country of publishing house
US - UNITED STATES
Number of pages
14
Pages from-to
1-14
UT code for WoS article
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EID of the result in the Scopus database
2-s2.0-85194464691