1.0Centre for Policy Developmenthttps://cpd.org.auLuisa Bollhttps://cpd.org.au/author/luisaboll/Climate Change and the Economy with the RBA's Guy Debelle | PUBLIC FORUM | March 2019 - Centre for Policy Developmentrich600338<blockquote class="wp-embedded-content"><a href="https://cpd.org.au/2019/03/climate-change-economy-rbas-guy-debelle-public-forum-march-2019-2/">Climate Change and the Economy with the RBA’s Guy Debelle | PUBLIC FORUM | March 2019</a></blockquote>
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</script><iframe sandbox="allow-scripts" security="restricted" src="https://cpd.org.au/2019/03/climate-change-economy-rbas-guy-debelle-public-forum-march-2019-2/embed/" width="600" height="338" title="“Climate Change and the Economy with the RBA’s Guy Debelle | PUBLIC FORUM | March 2019” — Centre for Policy Development" frameborder="0" marginwidth="0" marginheight="0" scrolling="no" class="wp-embedded-content"></iframe>https://cpd.org.au/wp-content/uploads/2019/03/IMG_3841.jpg1334750Full audio of the public forum available here. Full speech by RBA Deputy Governor Dr Guy Debelle available here. On 12 March, as part of our latest public forum on climate change and the economy, CPD hosted a landmark address by Reserve Bank of Australia (RBA) Deputy Governor Dr Guy Debelle on how climate change could impact growth, inflation and monetary policy. The forum was the third in a CPD series, hosted by MinterEllison Lawyers, that has included a trifecta of statements on climate change by Geoff Summerhayes from ARPA (2017), John Price from ASIC (2018) and now Dr Guy Debelle from the RBA. The event was the first occasion that a senior official from the RBA has given a dedicated speech about climate change and the economy. In his remarks, titled Climate change and the economy, Dr Debelle said that “both the physical impact of climate change and the transition are likely to have first-order economic effects.” He emphasised that climate change is a trend change — not a cycle that will wax and wane. He said climate could have major consequences for financial stability, especially if key transitions are disorderly or abrupt. ...