Monnin (2015) finds that at interest rate levels above 2%, the average cost of producing electricity is higher for green energy technologies. See Monnin, P. (2015), “The Impact of Interest Rates on Electricity Production Costs”, CEP Discussion Note, 2015/3, June. 5. International Energy Agency (2020), “Projected Costs of Generating Electricity 2020”, December. See also Schmidt, T.S. et al.
Our next steps will be to publish further technical documents: - a guide for supervisors on how to supervise climate-related risk - a guide on Environmental Risk analysis for the sector - and research on whether there is evidence for a green-brown differential including development of high-level scenarios for supervisors and central bankers We recognise that the challenges we face are unprecedented, urgent and analytically difficult.