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February 6, 2026Open Economies ReviewOpen Access

Implications for Monetary Policy on the Effects of Climate Change on Inflation: Evidence from G-20 Countries

Ömer YALÇINKAYA Ziya Çağlar Yurttançıkmaz Gökhan Erkal

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Key Points

Inflation trends are significantly affected by climate change across multiple economic contexts.
Evidence from G-20 countries indicates a direct correlation between climate disruptions and rising inflation rates.
This analysis incorporates economic data from over 20 nations to understand the broader implications of climate risks.
Adjustments in monetary policy could be crucial in stabilizing inflation affected by climate variations.

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Implication

Analysis reveals climate change influences inflation in G-20 countries, suggesting adjustments in monetary policy are necessary.

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Cite This Study

YALÇINKAYA et al. (2026) studied this question.

synapsesocial.com/papers/69a767a1badf0bb9e87e1b83 https://doi.org/10.1007/s11079-026-09853-9

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Synapse has enriched 5 closely related papers on similar clinical questions. Consider them for comparative context:

1Climate change and central banks: what role for monetary policy?Original Research · 2022 · 107 citations
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