*  *  Introduction  Ladies and gentlemen, dear Mr Hofmann What do the Galapagos Islands and Germany have in common? Not the weather – that’s for sure. But both are hotbeds of diversity – areas in which a particularly diverse range of species live. Whereas the Galapagos Islands are a hotbed of biodiversity, Germany is a hotbed of banking diversity.
Role of central banks Central banks can play a supporting role in the green recovery. It is up to the governments to take the first step and exploit the opportunities for green recovery through their climate policies, but as an independent organization with a long-term horizon, central banks are well-positioned to bring parties together and provide economic advice. 3  Fout!