by Uuriintuya Batsaikhan and Jordi Schröder Bosch | Mar 18, 2024
On Wednesday March 13, 2024, the European Central Bank (ECB) announced changes to its operational framework, the toolbox it uses to implement its monetary policy. Think of it like the control panel of a car, with the ECB adjusting the settings (interest rates) to keep the car (financial conditions and prices) running smoothly. The operational framework relates to how the ECB adjusts these settings, which is to say the mechanisms by which it sets interest rates.
by Katarzyna Hanula-Bobbitt | Mar 15, 2024
Basel Committee sets the stage for deeper scrutiny of climate-related financial risks
by Positive Money Europe | Mar 13, 2024
Today, the ECB announced changes to its operational framework – the toolbox it uses to implement its monetary policy and maintain price stability. Here is our analysis
by Positive Money Europe | Mar 7, 2024
When we think of fighting climate change, financial institutions like the European Central Bank (ECB) might not immediately come to mind. However, as we have shown in our latest explainer, the ECB holds a pivotal role in this global challenge. As a major financial authority, the ECB can influence financial flows and investments across Europe, making it a potential powerhouse in driving the green transition.
by Positive Money Europe | Feb 27, 2024
On Tuesday, 27 February 2024, the European Parliament adopted its annual resolution on the Annual Report of the European Central Bank (ECB). While this resolution is non-binding, it serves as an important tool for monitoring and evaluating the ECB’s activities, both past and present. It also provides a platform for the European Parliament to offer recommendations for the Bank’s future policies. Essentially, it is a key instrument for democratic oversight of an independent institution like the ECB, whose decisions significantly impact the lives of Europeans.
by Positive Money Europe | Feb 13, 2024
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.