The role of monetary policy I have left a detailed discussion of the role of monetary policy (and of the Bank of Canada) for last. To explain the role of monetary policy through the 1990s, I need to go back to the 1970s and 1980s.
But the report shows that polar areas also face other consequences. Let’s take, for example, the Arctic Ocean. It provides a habitat for many species. By 2100, it will freeze later in the year with thinner ice and leave those species without a sufficient habitat. Also by 2100, up to 80% of Scandinavian and Central European mountain glaciers might have vanished.