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Highlights from the ECB’s work on climate-related financial risks and opportunities

Coussens, Wouter, Heemskerk, Irene, Kastelein, Wieger and Wedow, Michael (2021) Highlights from the ECB’s work on climate-related financial risks and opportunities. LSE European Politics and Policy (EUROPP) blog (20 Oct 2021). Blog Entry.

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Abstract

It is now almost universally agreed that the impact of climate change will prompt fundamental changes to the global economy, including the financial sector. The financial system can play a crucial role in financing the transition towards a climate-neutral economy, but at the same time it may be prone to climate-related risks that need proper management. In view of the upcoming COP 26 UN meeting and drawing on ECB analytical work, Wouter Coussens, Irene Heemskerk, Wieger Kastelein and Michael Wedow argue that additional tools and ambitious policy reforms are needed to reach both objectives.

Item Type: Online resource (Blog Entry)
Official URL: https://blogs.lse.ac.uk/europpblog/
Additional Information: © 2021 The Authors
Divisions: LSE
Subjects: J Political Science > JZ International relations
J Political Science > JN Political institutions (Europe)
H Social Sciences > HB Economic Theory
Date Deposited: 06 Jan 2022 15:51
Last Modified: 06 Jan 2022 15:51
URI: http://eprints.lse.ac.uk/id/eprint/112834

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