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SystemicRiskReferences4
| Reference | Title | Link |
| Carney, M. (2015) | Breaking the Tragedy of the Horizon – climate change and financial stability | here |
Excerpt highlighting main theme
"… The biggest question now is how to best take advantage of these years of hard work. In my remarks today, I will suggest three priorities.
First, reform implementation must not only be effective but also dynamic. That means adjusting measures if there are unnecessary duplications, inconsistencies or material unintended consequences. The objective isn’t just resilience, but efficient resilience.
Second, we must resist steps that would fragment the global financial system.
Instead, we should take full advantage of the progress made by building a system of deference to each other’s approaches when they achieve comparable outcomes …" |
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