Weekly roundup: war and climate may require higher rates, says ECB’s Schnabel
Isabel Schnabel warns of climate effect on rates, the Fed finds lower ratings for high-carbon companies, the Bank of Jamaica expands climate risk supervision and more from this week in green central banking.
Weekly roundup: monetary policy will determine greenflation
Climate-related price instability, a new transition risk tool, calls for climate justice, civil disobedience from scientists protesting fossil fuel finance, and more from this week in green central banking. Climate-related inflation depends on monetary policy Carbon pricing is just one …
ECB’s Wunsch defends controversial market neutrality concept
ECB governing council member Pierre Wunsch has defended the controversial concept of market neutrality, despite evidence of substantial carbon bias in ECB corporate bond purchases.
BoE economist calls for green mortgage disclosure
A senior BoE economist has called for lenders to disclose the ratio of energy-efficient mortgages they hold, allowing investors and regulators to assess exposure to energy price shocks and climate-related transition risks.
No ECB support for EU efforts to reduce fossil fuel dependence
Despite inflationary pressures associated with European dependence on Russian fossil fuels, the ECB has offered no support for EU efforts to reduce imports and switch to more stable and secure renewable energy sources.
Ukraine: ECB to take “whatever action is needed”
As the economic effects of Russia’s invasion of Ukraine reverberate across Europe, the European Central Bank has said that it is ready to take “whatever action is needed” to ensure price and financial stability.
You have seen 33 of 47