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Greening Central Bank Policies: Euro Area vs Non-Euro Area EU Member States

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  • Vollmer Uwe

    (Leipzig University, Germany.)

Abstract

Climate change has become relevant for central banks worldwide, but they are adopting their instruments at different speeds. This article compares the reactions of the Eurosystem with those of the other EU central banks. Do these central banks differ in their efforts to make their own policies “greener”? The article argues that the options and constraints to react to climate change diverge between central banks.

Suggested Citation

  • Vollmer Uwe, 2024. "Greening Central Bank Policies: Euro Area vs Non-Euro Area EU Member States," Intereconomics: Review of European Economic Policy, Sciendo, vol. 59(4), pages 236-242.
    • Handle: RePEc:vrs:intere:v:59:y:2024:i:4:p:236-242:n:1011
    DOI: 10.2478/ie-2024-0047
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    More about this item

    JEL classification:

    • E58 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Central Banks and Their Policies
    • E61 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Policy Objectives; Policy Designs and Consistency; Policy Coordination
    • Q58 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environmental Economics: Government Policy

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