Will the ECB make climate change a policy goal?

Christine Lagarde
ECB president Christine Lagarde
Photo: IMF/Cliff Owen

The European Central Bank is facing pressure to consider using monetary policy to affect climate change, but could spark a strong internal disagreement if it did so.

A number of individuals and groups published an open letter today (November 28) to ECB president Christine Lagarde, calling on her to use monetary policy to back environmentally-friendly financial tools. But any attempt to get the ECB to use monetary policy to fight climate change would almost certainly meet resistance from several

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: