Frankfurt meets Paris: how central bankers can help save the climate
The European Central Bank (ECB) has recently increased interest rates to lower inflation rates in Europe. However, this might have a detrimental impact on the green transition which needs massive upfront capital investments. As interest rates increase, investments into green technologies will become more expensive. How should the ECB balance the risk of energy-driven inflationary pressures and the need for further green investment? What are the tools that the ECB aims to use to tackle climate change? With leading experts in the field, we will discuss these questions and explore how the ECB could support green investments despite high inflation.
Thekla von Bülow (Aurora Energy Research Co-Head of Commissioned Projects, Central Europe)
Emanuele Campiglio (Associate Professor, University of Bologna)
Michael Bauer (Professor of Economics, Universität Hamburg)
Anna-Maria Göth (Humboldt-Universität zu Berlin) & Gökhan Ider (DIW Berlin & Freie Universität Berlin)