Central banks can't save the world from climate change, BIS says
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BASEL/LONDON (Reuters) - Central banks can't be expected to save the world from climate change, a new book by the Bank for International Settlement said on Monday, urging instead global co-ordination ranging from government policy to financial regulation.The book, titled "the Green Swan", in a play on the idea of "black swan" events, warned of the potentially seismic effects of climate change on the world's financial system.The number of extreme weather events has quadrupled over the last 40..