New report “The ECB’s neglected secondary mandate: An inter-institutional solution”  

A new report by Positive Money Europe proposes to break the deadlock on the ECB’s secondary mandate. Rather than cherry-picking its secondary objectives, the ECB should coordinate with other EU institutions to seek clarity on which EU priorities the ECB should support. 

A race against time: The implications of the ECB climate action plan

With the results of the ECB strategy review now published, the commitment of the ECB to tackle climate change is officially on paper. While it is a step in the right direction, disclosures, as largely planned by the ECB, in themselves do not constitute significant actions towards tackling climate change. Combined with the slow speed of implementation, we doubt the ambition of the climate roadmap. 

Why green monetary policy is legal and legitimate 

Those sceptical that the European Central Bank (ECB) should its green monetary policy claim this is not compatible with the ECB’s mandate, and that this would be undemocratic. But fighting climate change is part of the ECB’s mandate, and democratically elected politicians can legitimise a greener approach.

Christine Lagarde meets with Positive Money Europe

On Monday 2 December 2019, a group of NGOs including Positive Money Europe met with the new President of the European to hand over a letter calling on the ECB to accelerate its efforts in the fight against climate change.

LATEST NEWS

A car wreck says more than a 1000 words

A car wreck says more than a 1000 words

On October 29, Positive Money Europe together with Fairfin placed a car wrecked by the recent floods in front of the National Bank of Belgium (NBB), serving as a staunch reminder that the NBB is bankrolling some of the worst climate offenders,. Thereby, Positive Money Europe joins a global movement of organizations calling for a moratorium on funding companies that undermine climate objectives.

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