Finance & Economics

Central banks need to prepare for climate change

There is mounting evidence that climate change and environmental degradation pose an existential threat. Climate change drives policy-makers into a state of self-examination, says Andrew Hammond. He asks: Is the hallowed principle of ‘market neutrality still relevant in light of the climate emergency? Hammond: If central banks hope to adapt to this looming threat, they must create a framework that considers a dramatically changed environment (low rates for longer with rising vulnerabilities…), shifting demographics, economic stagnation and the erosion of multilateral policy rules. He says central banks should start thinking more proactively about policies that can help create a more sustainable sustainable future. Hammond: There are, arguably, three possible perspectives on monetary policy neutrality: one that keeps things unchanged; one that uses a neutral policy rate (NPR), one that redefines ‘neutrality;. One possibility would be a ‘Gross Welfare Product’ and one that would be ‘Discarding market neutrality’.

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Responding to Coronavirus: Low-carbon Investments Can Help Economies Recover
Finance & Economics

Responding to Coronavirus: Low-carbon Investments Can Help Economies Recover

The COVID-19 pandemic is first and foremost a human tragedy. The virus has also hit society like a global tsunami, disrupting travel, cutting off communities. Chinas industrial output has dropped 15% to 40% since the crisis began.

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Zero waste system: Rebuilding capital for a circular economy
Finance & Economics

Zero waste system: Rebuilding capital for a circular economy

The number of zero-waste city projects is growing in Asia. But traditional development capital for waste systems is often misaligned with zero waste approaches. Incineration is the most expensive waste treatment system for construction, maintenance, and operations.

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Europe's one trillion climate finance plan
Finance & Economics

Europe's one trillion climate finance plan

The European Green Deal Investment Plan is designed to attract at least one trillion euros of public and private investment over the next decade. Turning the EU into a climate neutral economy by 2050 will require massive investment in clean energy technologies. Only achieving an interim greenhouse.

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'A Massive Victory': BlackRock CEO Promises to Center Climate Change in Investment Strategy
Finance & Economics

'A Massive Victory': BlackRock CEO Promises to Center Climate Change in Investment Strategy

Larry Fink, CEO of money management firm BlackRock, announced the company would prioritize the climate crisis in deciding on investments and strategies going forward. The new direction for BlackRock is the result of a hard-fought effort by a group of dedicated activists.

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All you need to know about Financing Energy Efficiency
Finance & Economics

All you need to know about Financing Energy Efficiency

Financing Energy Efficiency in Europe is like a map constantly updated by EEIP. It shows and links the different tools, networks and results delivered by the various projects and initiatives in Europe. For business: to identify the nuggets freely available helping your business.

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Best Practices to tackle an investor raise
Finance & Economics

Best Practices to tackle an investor raise

Joule Assets Europe is working with project developers and investors. The upcoming LAUNCH lighting raise session offers project developers the opportunity to pitch to each other and provide feedback in front of a live audience. An opportunity to interact with the investors point of view.

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Blockchain will be the next GDPR
Finance & Economics

Blockchain will be the next GDPR

Internet of Things (IIoT), big data, blockchain, digital twin technology are all the building blocks of the evolving ecosystem. Potential applications of blockchain technologies could be: markets for certificates of origin, network management and security, electric vehicle charging and coordination.

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The European Investment Bank (EIB) revises energy lending criteria
Finance & Economics

The European Investment Bank (EIB) revises energy lending criteria

The European Investment Bank will phase out support to energy projects reliant on fossil fuels. These projects will not be presented for approval to the EIB Board beyond the end of 2020. All the Banks activities in the energy sector will be fully aligned with the Paris.

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Sustainable finance: Simplicity liberates action!
Finance & Economics

Sustainable finance: Simplicity liberates action!

Energy efficiency financing is one of the foundations of sustainable financing in the EU. TEG identified 67 activities for sustainable finance and emphasised the urgencies for investments that need speedy energy transition. The key objective is categorisation and simplification of financing and investment.

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