🌍 We can align the targets if CBs are prepared to manage risks, if climate policy is well-designed to minimise economic costs, and if policy decisions are clearly communicated to economic actors – expectations matter!

📌A stable macroeconomic environment and stable rates are a precondition for the successful implementation of climate policy. Greening quantitative easing and collateral framework, along with clear communication on climate strategy, can provide important signals about long-term value of green assets.

📌There is still substantial uncertainty about the macroeconomic impacts of the green transition. We must calibrate monetary policy to effectively manage trade-offs arising from climate policies to meet the price stability mandate without hindering the transition.

📌The economic impacts of climate change and climate policies are growing. Central Banks have recognised it and are building the infrastructure to monitor and address these risks.

It was a great pleasure to give a keynote speech at the annual #SEEDSEconomics Conference.

I talked about the relationship between #monetarypolicy and #climatepolicy and how the respective targets can be aligned.

Some key messages below 👇

A nice speech that remarks the importance of research for (and in!) central banks:

www.federalreserve.gov/newsevents/s...

⏳ 10 days left to submit your paper!

We’re launching WIRE – Women in Research in the ESCB! Join us for our 1st Annual Workshop at Sveriges Riksbank this June.

🔗 www.riksbank.se/en-gb/press-...

#EconResearch #WomenInEconomics #WIRE2025

Thanks to the #IAERE Conference for this great reunion! We discussed research (of course!), but also shared good stories, good food, and good time! I already miss you!
@bannicc.bsky.social @fabiogods.bsky.social @macro-carli.bsky.social

#ClimateMacro #VacanzeRomane #BestCoauthors