RBA deputy governor, Guy Debelle, speaks on climate change
- Few economic forces have scale, persistence and systemic risk of climate change
- Outcomes from climate modelling need to be mapped into economic modelling
- Need to think of climate change as a trend rather than a cycle
Nothing too much of note from Debelle here given the topic. He doesn't touch on monetary policy or the central bank's current stance in his speech. AUD/USD holds near flat levels on the day at 0.7069 currently.
