However, in March 2021 the Bank conducted an assessment of the measures taken until then to conduct further effective and sustainable monetary easing, as it was expected to take time to achieve the 2 percent target (Chart 12).
Role of Finance in Addressing Climate Change Climate change is a global issue that will have long-term and far-reaching implications both for society and for economic activity. Given its "negative externalities," all entities -individuals, firms, and governments -- have to take responsible actions beyond their individual interests. To address climate change, we need a multi-pronged approach across a wide range of fields.