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The European Central Bank and Its Role in a Sustainable Finance System

The European Central Bank and Its Role in a Sustainable Finance System

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  • More about The European Central Bank and Its Role in a Sustainable Finance System


This book examines the European Central Bank's new strategic decisions and the sustainability strategy of the ECB in fighting climate change. Contributors from different fields explore the central bank's role, instruments, and potential beyond maintaining price stability.

Format: Hardback
Length: 128 pages
Publication date: 21 April 2023
Publisher: Springer International Publishing AG


This comprehensive book delves into the European Central Bank's (ECB) latest strategic decisions, shedding light on its sustainability strategy. Contributors from diverse fields, including economics, environmental science, and policy analysis, examine in detail the ECB's potential role in combating climate change. ECB President Christine Lagarde has consistently emphasized the bank's commitment to addressing climate change challenges. However, the question remains: what exactly is the ECB's intended role in this realm? What tools does the ECB possess to make a meaningful impact in areas such as decarbonizing the economy, promoting biodiversity, facilitating the energy transition, managing resource consumption, and addressing other sustainability concerns?

Furthermore, the book raises the intriguing question of whether the ECB is entitled or obliged to go beyond its traditional mandate of maintaining price stability. As the ECB navigates these complex and interconnected challenges, it is essential to consider the perspectives of academics and practitioners from the financial sector, civil society, and European institutions.

The volume offers a rich tapestry of insights and perspectives, providing valuable insights into the ECB's sustainability efforts and the broader landscape of climate change governance. It serves as a valuable resource for policymakers, researchers, and stakeholders interested in understanding the role of central banks in addressing climate change and promoting sustainable development.

Weight: 383g
Dimension: 235 x 155 (mm)
ISBN-13: 9783031244773
Edition number: 1st ed. 2023

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