Call for climate to be central to RBA role

The CPD says considering sustainability and climate risks should be added to the RBA's role. (Bianca De Marchi/AAP PHOTOS) (AAP)

Policy experts have called for the Reserve Bank of Australia to be required to respond to climate risk to make sure it causes less chaos.

The change would put the climate response and environmental sustainability on a par with the central bank's legal responsibility to make the best decisions on interest rates and payment systems.