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POLÍTICAS E LEIS SOBRE ADAPTAÇÃO ÀS MUDANÇAS CLIMÁTICAS E RISCOS AMBIENTAIS DOS BANCOS CENTRAIS: DA CONSCIENTIZAÇÃO À AÇÃO E PRÁTICA NO VIETNÃ
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The study aims to explore the relationship between climate change, environmental risks, and the monetary policy of central banks because responding to climate change and environmental risks is an urgent issue, especially in the current period, as these environmental challenges have increasingly serious impacts. This study employed a qualitative approach based on secondary data sources, which are findings published domestically and internationally as well as relevant legal documents. The methods used in this work include: i) Analyzing the written law method; ii) General methods of social science; and iii) Comparative method. The study identifies the development of awareness and addressing climate change and environmental risks of the central banks. In the past, addressing climate change and environmental risks was primarily the responsibility of state regulatory agencies on natural resources and environment. These agencies often took actions independently or encouraged businesses to reduce greenhouse gas emissions, which were the main contributors to climate change. Currently, it has been demonstrated that monetary policy and environmental policy have a close relationship because both affect the achievement of macroeconomic objectives. Central banks have paid more attention to environmental issues and climate change. Central banks have transitioned from passive participants to an indispensable part in adapting to and addressing climate-related issues and environmental risks. Countries are seeking a legal framework to integrate climate change and environmental risks into monetary policy and practices, and Vietnam is no exception.
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DOI: http://dx.doi.org/10.21902/Revrima.v3i45.7678
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