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Published on: 27. August 2024

How climate change and global instability are challenging European monetary policy

With the increase in climate-related extreme events, inflation through supply shocks threatens to become the norm. Experts recommend rethinking the division of roles between the ECB and governments. However, they disagree on how far the ECB should go in the fight against climate change.

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Last updated: 24. July 2025

Central Bank Climate change Economic policy Energy Prices ETS European policy EZB Food Industrial policy Inflation Klimaanpassung Klimawandel Monetary policy
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