Net zero and financial stability
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
Read moreDirk 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
Read moreRecent 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
Read moreClimate 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
Read moreExtreme 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
Read moreMany have postulated degrowth as a strategy to confront environmental and social problems. Ivan Savin and Jeroen van den Bergh review the content, data, and methods and conclude that most studies are opinions rather than analysis
Read moreThe clean energy transition is advancing. Jorgo Chatzimarkakis explores the roadmaps and challenges to boosting hydrogen’s role for decarbonisation
Read moreDebt relief is needed to promote circular economy initiatives in the Global South. Megan Murdie, Ana Birliga Sutherland and Marvin Nusseck discuss how debt relief can be transformative
Read moreHuman-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
Read moreThe need to mitigate climate change has never been more urgent. Stéphane Dees and Caterina Seghini discuss balancing climate mitigation and fiscal sustainability
Read moreMeeting 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
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