Research Archive

An view from orbit of snow-covered mountains and clouds
Research| April 30, 2024

Climate-Conscious Monetary Policy

Delaying carbon taxes creates tension between price stability and climate goals, but green QE can reduce trade-offs, says this Banco de España paper.

Published by Banco de España
A row of digniatires holding hands with their arms raised at the Paris Cop meeting in 2015
Research| September 7, 2023

The ECB Paris Gap: Substantive but Treatable

This report proposes that the European Central Bank align with its primary and environmental mandates by adopting climate neutrality principles and increasing the scope and urgency of its decarbonisation plans.

Published by Greenpeace, SOAS, University of Greenwich, University of the West of England
The sun, seen through a canopy of leaves and branches
Research| March 9, 2023

Toward a Green Economy

The Role of Central Bank’s Asset Purchases

In this paper published by the European Central Bank, economists analyse the efficacy of green quantitative easing and find that it would be most effective for reducing emissions if used aggressively and immediately.

Published by European Central Bank

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