FROM THE BLOG
We are excited to share our latest policy report, co-authored with Grantham Research Institute: ‘Inflation as an ecological phenomenon’. The report shows clearly how the planet’s worsening environmental situation and a reliance on fossil fuels both contribute to rising prices.
New EU rules tackle greenwashing and push for transparency
Today, together with a group of distinguished economists and Members of the European Parliament (MEPs), we sent an open letter to the Governing Council of the European Central Bank (ECB). Our collective call is for a thorough reassessment of the minimum reserve requirements imposed on commercial banks within the euro area. Among the signatories are academics Paul De Grauwe, Yuemei Ji, Andrea Roventini, Sebastian Diessner and Philipp Heimberger, and MEPs including René Repasi, Philippe Lamberts, Bas Eickhout, Henrike Hahn, Paul Tang and Evelyn Regner. We are also joined by the UN Special Rapporteur, Olivier De Schutter.
Discover our new policy report that explores the role of the ECB in mitigating climate change and environmental degradation.
Despite pressure from experts and Macron’s recent endorsement at COP28, the ECB resists dual rates for green projects, claiming it’s inconsistent with fighting inflation. Is this a valid argument? Read more
On 28 June 2023, the European Commission released its long-awaited proposal for a digital euro. This proposal kickstarted a phase of political negotiations that should, all things being equal, lead to the adoption of a regulation of the first Eurozone central bank digital currency (CBDC). On 18 October 2023, the European Central Bank (ECB) announced that it was concluding its two-year investigation phase of the digital euro and moving towards the preparation phase.
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