Question 37: According to the passage, what is the primary limitation of central banks in addressing green swan events? A. Their inability t...

Question 37: According to the passage, what is the primary limitation of central banks in addressing green swan events?

A. Their inability to encourage forward-looking scenarios or test the resilience of the current financial system.

B. Their failure to integrate climate-related scenarios into their supervision and stability monitoring processes.

C. Their lack of authority to directly resolve the fundamental environmental causes that drive climate-related risks.

D. Their refusal to push for stronger disclosure and better risk management practices among private sector firms.