000 01841cam a2200229 4500500
005 20251012024440.0
041 _afre
042 _adc
100 1 0 _aTurnes, Alberto
_eauthor
245 0 0 _aMonetary Policy and Financial Initiatives in the EU for Climate Change. How Coordinated Are Both?
260 _c2025.
500 _a66
520 _aThe transition towards a sustainable economy requires a shift in the behaviour of the agents involved: producers, consumers, investors and public entities. While various traditional policy instruments can promote this shift (regulation, taxation, fiscality, R&D), the academic literature is gaining momentum around the need to broaden the focus and incorporate macroeconomic financial and monetary policies to promote a transition towards a more sustainable economy, this paper is based on an analysis of the financial and monetary policies developed by the EU to address climate change. To this end, the objectives pursued by each of these policies are analyzed and the relationship between them is established, thereby assessing the degree of commitment and coordination between them. A preliminary look at the results reveals two main conclusions: first, a paralysis in the financial initiatives and measures taken by the ECB; and second, an imbalance and lack of coordination between the financial challenges and needs and the monetary policies necessary to implement them.
690 _aEuropean Central Bank
690 _aFinancial and Monetary
690 _aFinancial Policy
690 _aMacroeconomic Policy Coordination
690 _aMonetary Policy
690 _aSustainable Economy
786 0 _nInnovations | hors-série | HS1 | 2025-10-10 | p. 46-46 | 1267-4982
856 4 1 _uhttps://shs.cairn.info/journal-innovations-2025-HS1-page-46?lang=en&redirect-ssocas=7080
999 _c1543958
_d1543958