A car wreck says more than a 1000 words

A car wreck says more than a 1000 words

On October 29, Positive Money Europe together with Fairfin placed a car wrecked by the recent floods in front of the National Bank of Belgium (NBB), serving as a staunch reminder that the NBB is bankrolling some of the worst climate offenders,. Thereby, Positive Money Europe joins a global movement of organizations calling for a moratorium on funding companies that undermine climate objectives.

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.  

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