The Bank has been aggressive in its decision to take exceptional measures in response to the sharp economic downturn and malfunctioning of some financial markets after the Lehman shock. At the same time, however, it has been cautious in deciding on measures that potentially could hurt Japan’s economy.
Developing European green capital markets To my mind, Europe’s green capital markets meet all these criteria. Green capital markets are dynamic and growing in Europe, and they are already relatively well integrated. This means that as they deepen further, so will Europe’s resilience.