what is fallacious is to take these two notions the same way. This is better appreciated when taking into account that, by definition, when the relative price of a certain good falls, there should be a rise in the price of the other goods against which it is compared.
At the NGFS we have been working hard over the past four years to integrate climate-related and environmental risks into the work of central banks and supervisors. We published a Guide recommending that supervisors clarify their expectations that banks and insurers should revisit their very DNA to address climate-related and environmental risks.