Two-thirds of central banks in the East Asia and Pacific (EAP) region have started researching or testing the implementation of a Central Bank Digital Currency (CBDC). At the same time, the region accounts for one-third of world CO2 emissions and is vulnerable to climate risks. As the Group of 7 (G7), European Central Bank (ECB), and Bank of England (BoE) have stated in their public statements, it is increasingly important to consider environmental...
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2022/07/19
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Report
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173817
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1
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2022/07/20
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Disclosed
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Environmental Implications of a Central Bank Digital Currency (CBDC)
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Citation
Lee,Soohyang; Park,Jinhee.
Environmental Implications of a Central Bank Digital Currency (CBDC) (English). World Bank Group Korea office Innovation and Technology Knowledge Note Series; no. 8 Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/099400407132237243