REPORT: Scaling-up buildings renovation with ECB credit policy
The 1.7 trillion euros TLTROs loan programme of the European Central Bank represents a unique opportunity to boost cheap loans across Europe.
» Read moreCategory: Activities
Why debt cancellation by the ECB is not the right strategy
Although debt cancellation by central banks is technically feasible, it is nearly legally and politically impossible to achieve, and its economic benefits would be rather minimal. There are better proposals in a progressive Eurozone reform agenda.
» Read moreREPORT: Helicopter money as a response to Coronavirus crisis
The ECB needs to consider helicopter money now
If the ECB President Christine Lagarde sincerely wants to “turn each and every stone”, then it must open the debate on “helicopter money.”
» Read moreGreen QE is not about green bonds
A recurring misinterpretation of “Green QE” is that central banks should restrict their asset purchases solely to green bonds. This op-ed was originally published on FT Alphaville on December 18, 2019 The recent declarations of new European Central Bank president Christine Lagarde on the possible role of her institution in the fight against climate change have revived pushbacks from central bankers and financial
» Read moreSocial Europe Talk: Towards a Just Transition
I was delighted to be invited by Social Europe to take part in a debate on the “just transition” and how it could be brought about. Social Europe Editor-in-Chief Henning Meyer is joined by Montserrat Mir of the Just Transition Centre of the ITUC, Stanislas Jourdan from Positive Money and Spanish MEP Javi Lopez. You can watch the debate below:
» Read moreOpen letter to Christine Lagarde on climate change
A group of 165 academics and civil society organisations delivered an open letter to Christine Lagarde, calling on the ECB President to accelerate its efforts in addressing climate change.
» Read moreREPORT: Financing the Green New Deal
A coalition of 6 civil society organisations including Positive Money Europe publishes today a briefing report outlining how the European Commission can finance a one trillion euros “Green Deal” it committed to deliever.
» Read moreREPORT: Aligning monetary policy with the European Union’s climate targets
A new study co-written with Wojtek Kalinowski based an updated analysis of the ECB’s corporate bond purchae programme reveals a mismatch between the EU climate targets and the policies of the ECB.
» Read more