As we’ve seen, CO2 emissions from distributing hard currency can be a meaningful component of a country’s carbon footprint. This analysis turns to the question of how to...

Studies by the Bank of England and Bank of Canada have shown that the manufacture, circulation, and destruction of currency contributes materially to countries' emissions...

Despite a vice-grip from sanctions squeezing nearly all Russian finance out of global markets, investors in USD-denominated Russian sovereign debt have reported...