Positive Money Europe

As climate change accelerates, central banks face growing challenges. Global food price inflation could rise by 1-3% annually by 2035 due to the effects of the climate crisis. Interest rate adjustments aren't enough to tackle this issue - central banks must adopt stronger tools to support the green transition and ensure a resilient economy. After all, no economy can thrive on a dying planet. 🌍 https://lnkd.in/e3iw8wXm #centralbanks #climatechange #inflation #foodinflation #climateflation #greentransition #monetarypolicy #ecb #economy

💥European Central Bank President Lagarde at the European Parliament reminds us that climate change is more than an environmental issue - it’s key to price stability too. Droughts, floods and rising temperatures have an impact on prices and on the whole economy. While recognising climate risks is crucial, the ECB must go further and lead with stronger, proactive climate action to protect both the economy and the planet. #ecb #climatechange #climate #economy #pricestability #inflation

📢 New blog! Mario Draghi's report on EU competitiveness is a wake-up call, but it overlooks one crucial element: the role the European Central Bank can play in driving the green transition. While ECB President Lagarde supports Draghi's vision, she misses key actions the ECB could take to finance a sustainable and competitive economy. So what can the ECB do?  🌱Implement a dual interest rate to boost green investments  ♻️Revise its collateral framework to make it in line with green targets 🤝Coordinate with governments to lower the cost of public green investments Read the full blog here 👉 https://lnkd.in/eGvY9Y3a #draghi #draghireport #eucompetitiveness #eupolicy #greentransition #ecb #monetarypolicy #economy

As climate change worsens, disasters like Hurricane Helene increase, posing not only physical damage but also a growing risk of a new systemic financial crisis. 🌪️🏠 In a recent article, our Uuree Batsaikhan warns that the impact of climate disasters on housing wealth could trigger huge losses for banks and for the wider financial system. The European Central Bank must act now to address climate risks in real estate and protect financial stability. Read more here: https://lnkd.in/e7GBaukv #climatechange #housing #realestate #financialcrisis #financialstability #strandedassets

⚡︎ NOW LIVE ⚡︎ The latest #GreenCentralBanking scorecard is out 📣 Positive Money’s scorecard shows how much progress G20 central banks have really made towards green finance goals. France tops the table again, while the UK and US take disappointing slides down the rankings. Watch the video to find out more, and share so central bankers see this! Find the full report here: https://bit.ly/3XWmyG6

Great #JobOpportunity to lead our UK office as Co-Director 👇 👇 Applications open until 20th October.

💶💡 The digital euro can truly be revolutionary for the future of money. But to be so, it must be designed for the benefit of people and society, and not just for the interests of the financial sector. Read our ideas here 👉 https://lnkd.in/g6GmYhQP #digitaleuro #cbdc #ecb #money #finance #digital

💥 Mark your calendars for Sep 26th! Together with Green Central Banking, we’re launching the new edition of the #GreenCentralBanking Scorecard that will reveal which central banks are leading in green initiatives. Don’t miss it! https://bit.ly/3TlwGFR

Congratulations to President Ursula von der Leyen and all Commissioners-designate! 👍 Good to see 4 of 6 Executive Vice-Presidents are women, 👎 but we still have a way to go for gender equality - as only 40% of the entire college of European Commissioners are women. The political, economic and climate challenges facing Europe require leaders with diverse voices, opinions and backgrounds. Check out all the names here: https://lnkd.in/dZ8fT5Se #eucommission #genderequality #eupolicy

More tragic news of lives lost due to torrential rain and flooding 🌧. This reminds us that nature doesn’t care about our economic models. Time to question who benefits from a growth-obsessed system. The economy means nothing without a liveable planet. https://lnkd.in/gaVvdVh2 #economy #climatechange #naturaldisasters #systemchange