Climate Economics and Finance

Stéphane Dees is Head of the Climate Economics Unit at the Banque de France and Associate Professor at the Bordeaux School of Economics. He spent a majority of his career at the European Central Bank. His research, which has been published in top academic journals, covers various topics in financial and international macroeconomics, financial stability and climate change. Selin Ozyurt is a climate and country risk economist at the Research Department of the International Financial Corporation. She holds a Ph.D. from the University of Paris Dauphine and has lectured at top universities and published extensively on trade spillovers and climate change. Selin's insights are featured in leading academic journals, media outlets, and her online platforms.

'This book by Stéphane Dees and Selin Ozyurt-Miller is an excellent overview of the state of knowledge on climate change economics, the importance of financing the climate transition, and the role of central banks. This is essential reading for scholars and policymakers. It is particularly useful for understanding how central banks are thinking about the climate transition and the potential impacts on central bank policy.' Warwick McKibbin, Australian National University, and The Peterson Institute for International Economics, Washington, DC

• 1. Climate change and its economic impacts; 2. The economics of climate change mitigation; 3. The macroeconomic effects of mitigation policies; 4. Introduction to climate finance and main instruments; 5. Central banks and climate change – risks to price stability; 6. Risks to financial stability and prudential policy; 7. Main Climate Finance Challenges in EMDEs and Ways to Overcome Them.