Explore commentary on climate and energy policy and the financial policies required in the transition to a green economy
There is no green transition without green investment. Jean Pisani-Ferry and Simone Tagliapietra assess the investment needed to achieve the 2030 climate goal and climate neutrality by 2050
An investment strategy to keep the European Green Deal on track Read More »
The green transition faces significant challenges. Luca Bettarelli, Davide Furceri and Pietro Pizzuto examine the impact on innovation due to economic and policy uncertainty
Global uncertainty reduces innovation in renewable energy Read More »
The EU has large investment needs to meet its key priorities. Kalin Anev Janse and Roel Beetsma argue that a first step would be to use existing resources to finance European public goods that benefit all member states
Financing Europe’s future expenditures Read More »
Dirk Schoenmaker and Hesse McKechnie argue that central banks should take a macro approach to managing system-wide risks stemming from the climate transition to net zero
What can central banks do to take the Paris Agreement seriously? Read More »
Recent research suggests that the impact of climate change on economic output might have been underestimated. Senne Aerts, Livio Stracca and Agnieszka Trzcinska highlight advances in understanding and measuring the economic impact of climate change and the remaining uncertainties
Understanding the economic losses from climate change Read More »
Climate and nature-related risks are significant financial risks. Frank Elderson argues that they therefore fall within the respective mandates of central banks and supervisors – to preserve price stability and ensure the safety and soundness of banks
Sustainable finance: from ‘eureka!’ to action Read More »
Extreme weather events are bringing devastating consequences for an increasing number of people. Senne Aerts, Livio Stracca and Agnieszka Trzcinska highlight the uncertainties and the importance of continued dialogue to refine our understanding of climate-induced economic losses
Measuring economic losses caused by climate change Read More »
Human-induced climate change is making disasters more frequent and more intense. Agnes Norris Keiller and John Van Reenen explore how management practices shape the impact of environmental shocks on firms
Managing to cope with natural disasters Read More »
The need to mitigate climate change has never been more urgent. Stéphane Dees Caterina Seghini discuss balancing climate mitigation and fiscal sustainability
The green transition and public finances Read More »
Meeting Europe’s 2030 climate targets will require massive clean-electricity investment. Conall Heussaff and Georg Zachmann discuss the balance between efficient electricity system operation, investment incentives and social fairness
