BIS’s Pereira says green QE could distort market

Luiz Awazu Pereira da Silva

Luiz Awazu Pereira da Silva

The deputy managing director of the Bank for International Settlements warns central banks risk “stretching their mandates” too far with regard to climate change.

In a forthcoming interview with Central Banking, Luiz Awazu Pereira da Silva notes central banks can only do so much with their existing mandates before they begin to risk a loss of legitimacy.

“We are cautious about stretching their mandates,” he says. “There are some people who are advocating for central banks to engage in asset

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