Increased demand for green investments can lead to higher supply of green bonds or bonds from sustainable companies, giving central banks more room to purchase these instruments. The opposite also applies: in the absence of proactive climate policies, monetary expansion may favour polluting rather than sustainable industries. Closing remarks The pandemic offers a unique momentum to green the global economy.
Fast Money Schemes I would like to turn to the issue of Illegal Fast Money Schemes. Fast Money Scams are rife in parts of PNG, including East New Britain Province. The Central Bank continues to warn against the fast-money schemes or pyramid schemes. Over the years, the Bank has placed public notices to warn the public about the fast money schemes or scams.