ECB and climate change – what’s new? (Webinar Video)

ECB and climate change – what’s new? (Webinar Video)

What are the conclusions of the ECB’s strategy review, and what are the implications of its climate action on our everyday lives?

In this short presentation, our economist Uuree focuses on the Asset Purchase Programmes, namely the Corporate Sector Purchase Programme of the ECB and explains why it represents a real issue when it comes to the climate emergency.

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

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. 

ECB ready to be tough on climate but misses a trick on inflation

ECB ready to be tough on climate but misses a trick on inflation

The outcomes of the ECB’s strategic review show how much progress was made on civil society demands such as climate action and the inclusion of housing prices in inflation data. However, the ECB failed to depart from the status quo in terms of its core monetary policy tasks. Nonetheless, the ECB’s commitment to carry out periodic reviews, as soon as in 2025) are good foundations for working towards a more effective and fair monetary policy.  

Why green monetary policy is legal and legitimate 

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.

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