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imported>Doug Williamson |
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| ''Environmental policy - greenhouse gases - measurement - reporting.'' | | ''Banking''. |
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| (GWP).
| | The minimum ratio of cash reserves to deposits that the central bank requires commercial banks to hold. |
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| GWP is a relative measure of the amount by which a greenhouse gas emission would warm the earth.
| | An increase in reserve requirements will lower the supply of money in the economy as banks undertake less lending. |
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| The reference is carbon dioxide, CO<sub>2</sub>.
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| By definition, the GWP of carbon dioxide is 1.
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| Using this measure, the GWPs of other greenhouse gases are quantified on this scale.
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| == See also == | | == See also == |
| * [[Carbon credits]] | | * [[Monetary policy]] |
| * [[Carbon dioxide equivalent]]
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| * [[Carbon footprint]]
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| * [[Carbon-neutral]]
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| * [[Carbon tax]]
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| * [[Climate change]]
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| * [[Corporate social responsibility]]
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| * [[CRC Energy Efficiency Scheme]]
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| * [[Decarbonise]]
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| * [[Emissions]]
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| * [[Footprint]]
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| * [[Greenhouse gas]]
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| * [[Greenhouse Gas Protocol]]
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| * [[Kyoto Protocol]]
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| * [[Montreal Pledge]]
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| * [[Renewables]]
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| [[Category:Accounting,_tax_and_regulation]]
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| [[Category:The_business_context]]
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| [[Category:Compliance_and_audit]]
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| [[Category:Ethics]]
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| [[Category:Identify_and_assess_risks]]
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| [[Category:Manage_risks]]
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| [[Category:Risk_frameworks]]
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| [[Category:Risk_reporting]]
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Revision as of 14:36, 20 August 2013
Banking.
The minimum ratio of cash reserves to deposits that the central bank requires commercial banks to hold.
An increase in reserve requirements will lower the supply of money in the economy as banks undertake less lending.
See also
