Climate

  

The Draghi dilemma

Governments across Europe are increasingly acting to help industry remain competitive without compromising EU climate policy. Stan Olijslagers, Corjan Brink, Xinyu Li, Rutger Teulings and Herman Vollebergh argue that both goals cannot be met using a single instrument

   

US asset management dominance threatens Europe

The global asset management industry is simultaneously growing and consolidating. Dirk Schoenmaker argues that US firms’ rise in EU asset management may weaken sustainable finance, making tougher stewardship, ESMA supervision and autonomy urgent

    

The EU is exporting carbon pricing through trade

Can trade policy drive global climate action? Maximilian Fuchs and Camille Reverdy write that early experience of the EU carbon border adjustment mechanism shows trade can spread carbon pricing, but lower-income partners need support

    

Nature in decline, economy on the line

Nature is the economy’s life support system, and it is under strain. Frank Elderson calls for stronger global cooperation to tackle nature related financial risks

  

Five reasons why attacking the EU carbon market is economic self-sabotage

The ETS is the EU’s key climate policy instrument. Simone Tagliapietra and Georg Zachmann write that when discussing the emissions trading system policymakers should remember five risks of undermining the system

  

Measure, model, tackle, tailor

Climate and transition shocks increasingly shape the macroeconomic outlook and financial risks. James Talbot sets out the Bank of England’s approach to assessing and managing climate impacts across its core objectives