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In this commentary article Mathias Larsen and James Jackson anlalyse the differing approaches of US Federal Reserve, The European Central Bank, the Bank of England and the People’s Bank of China in relation to action on climate change. <\/p>\n\n","protected":false},"author":12,"featured_media":82341,"template":"","tags":[2242,1158,154,1940,4266,5125],"news-category":[73],"topic_area":[4712],"class_list":["post-82824","news","type-news","status-publish","has-post-thumbnail","hentry","tag-bank-of-england","tag-central-banks","tag-china","tag-european-central-bank","tag-federal-reserve","tag-peoples-bank-of-china","news-category-30-in-the-news","topic_area-central-banks-and-other-financial-institutions"],"acf":{"show_translations_widget":{"ref_value":"field_6203d588c41e8","value":"0","type":false,"post_type":""},"downloads":{"ref_value":"field_52f16cc1a80f2","value":false,"type":"repeater","post_type":""},"rss_newsletter":{"ref_value":"field_54f5c2c1544d8","value":"","type":false,"post_type":""},"profile_link":{"ref_value":"field_52f164b5189e9","value":["mathias-larsen"],"type":"relationship","post_type":"profile"},"spotlight":{"ref_value":"field_52f80896506d3","value":"","type":false,"post_type":""},"article_link":{"ref_value":"field_52eee3c7f0586","value":"","type":false,"post_type":""},"article_link_title":{"ref_value":"field_5322399d89d42","value":"","type":false,"post_type":""}},"yoast_head":"\n
While Western central banks hesitate on climate, China\u2019s acts - Grantham Research Institute on climate change and the environment<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.lse.ac.uk\/granthaminstitute\/news\/while-western-central-banks-hesitate-on-climate-chinas-acts\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"While Western central banks hesitate on climate, China\u2019s acts - Grantham Research Institute on climate change and the environment\" \/>\n<meta property=\"og:description\" content=\"In this commentary article Mathias Larsen and James Jackson anlalyse the differing approaches of US Federal Reserve, The European Central Bank, the Bank of England and the People\u2019s Bank of China in relation to action on climate change.\u00a0\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.lse.ac.uk\/granthaminstitute\/news\/while-western-central-banks-hesitate-on-climate-chinas-acts\/\" \/>\n<meta property=\"og:site_name\" content=\"Grantham Research Institute on climate change and the environment\" \/>\n<meta property=\"article:modified_time\" content=\"2025-12-11T09:03:21+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.lse.ac.uk\/granthaminstitute\/wp-content\/uploads\/2025\/11\/Beijing_PBC_NewHQ-copy.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"500\" \/>\n\t<meta property=\"og:image:height\" content=\"401\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.lse.ac.uk\\\/granthaminstitute\\\/news\\\/while-western-central-banks-hesitate-on-climate-chinas-acts\\\/\",\"url\":\"https:\\\/\\\/www.lse.ac.uk\\\/granthaminstitute\\\/news\\\/while-western-central-banks-hesitate-on-climate-chinas-acts\\\/\",\"name\":\"While Western central banks hesitate on climate, China\u2019s acts - 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