Changing the economy to combat climate change

Changing the economy to combat climate change

Our planet is heating up at an unprecedented rate. A recent study by over 50 renowned scientists revealed that human-induced global warming is progressing at a rate of 0.26°C per decade – the fastest pace ever recorded. The primary culprit behind this alarming trend is fossil fuel emissions, which account for approximately 70% of all greenhouse gas (GHG) emissions and are the main driver of climate change.

EU Elections 2024: our 5 points for achieving a sustainable future in Europe

EU Elections 2024: our 5 points for achieving a sustainable future in Europe

The European Elections are just around the corner. After five years filled with unprecedented events like the COVID-19 pandemic, war, geopolitical tensions, supply shocks, climate and energy crises, and the rising cost of living, it’s clear that Europe has had to adapt to multiple critical challenges. Will Europe be able to shape a response that offers hope for a fairer, safer future?

Implications of the ECB’s new operational framework for the green transition

Implications of the ECB’s new operational framework for the green transition

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.

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