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SNB says climate change matter for politics, not central banks

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BERN (Reuters) – Climate protection is very important for the Swiss National Bank, but the issue should be tackled by politicians rather than central banks, SNB Chairman Thomas Jordan said on Friday.

“It is also important… we are serious and do not give the impression that we can solve all the problems of the world with monetary policy,” Jordan told the SNB’s shareholder meeting.

Environmental groups mounted a protest outside the event in Bern, demanding the SNB offload its investments in companies which they say are linked to global warming and climate change.

(Reporting by John Revill)

Disclaimer: This report is auto generated from the Reuters news service. ThePrint holds no responsibilty for its content.

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