“Know thyself”
Failure to meet the Paris climate goals poses economic challenges that have an impact on central banks’ work, argues Frank Elderson. To avoid mistakes, policymakers must address the resulting structural changes
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Climate action
Smarter EU industrial policy for solar panels
The EU plans to double solar PV capacity by 2030. Ben McWilliams, Simone Tagliapietra and Cecilia Trasi argue that the EU carry on importing from China but implement an industrial policy that intervenes in sectors that are more likely to contribute to sustainable economic growth
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Asbestos: a time bomb that needs to be defused
Asbestos is responsible for 90,000 deaths annually in Europe. Tony Musu presents a clear case for why it is time for the EU to defuse the asbestos time bomb once and for all
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A call for global collaboration
Ursula von der Leyen’s message at the WEF is that countries and businesses need to closely collaborate in facing the challenges of today and tomorrow
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What is a just transition and how does it affect the financial sector?
The move to a net zero future entails profound changes for societies and economies. Ivana Popovic, Alexandre Köberle and Michael Wilkins discuss a just transition with a particular focus on the financial sector
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Rebooting the EUs Net Zero Industry Act
Simone Tagliapietra, Reinhilde Veugelers and Jeromin Zettelmeyer argue that the EU should reboot the proposal and refocus its objectives, improve its governance and add financial incentives to ensure implementation
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Limiting climate change requires rechannelling of SDRs to MDBs
Dirk Schoenmaker and Rens van Tilburg argue that closing the climate investment gap can bring down the high cost of climate finance to acceptable levels
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Impact of CBAMs on the Indian metals sector
Developing countries believe CBAM is a trade-restrictive policy. Nikhil Joshi and Geethanjali Nataraj consider CBAMs and the impact on Indian manufacturers
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Investors searching for climatic safety
Weather-related disasters are increasing in frequency and intensity. Fabrizio Ferriani, Andrea Gazzani and Filippo Natoli investigate whether these events can shape international investors’ portfolio flows
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Central Bank independence and the mandate—evolving views
Jerome Powell makes a strong case for limited independence within a democratic framework, warning against a Central Bank widening its remit and scope too far
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