our areas of work
In a report adopted this week, the European Parliament confirmed that the ECB has to directly address climate change in its policies.
If Christine Lagarde is sincere in her conviction that the European Central Bank’s strategic review should be open-minded and “turn each and every stone”, she must persuade the Governing Council to open a discussion on helicopter money.
The ECB’s primary mission is to maintain consumer price stability, but while doing so it omits an important item of household consumption: the cost of housing. It is now time to fix this strange exception which induces biases in the design of the ECB’s monetary policy.
The recent declarations of new European Central Bank president Christine Lagarde on the possible role of her institution in the fight against climate change have revived pushbacks from central bankers and financial commentators against “green quantitative easing”. However, the critics have often misrepresented what campaigners actually want.
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.
EU Treaties are no obstacle for the Eurogroup to take decisive actions in favour of gender diversity in the European Central Bank.