We – central banks - try to be a good example: in terms of greening of our own investment portfolios and in terms of disclosure of our carbon footprint. Climate change considerations are also part of monetary policy decisions as they can affect price stability and financial stability for that matter.
The safety and soundness of the U.S. banking and payments systems is critical to achieving economic growth, maximum employment, and general economic stability, and the Federal Reserve works closely with other regulators to achieve this goal. The Federal Reserve also has an important role to play in responding to and mitigating the impact of financial crises and shocks.