Inclusive Green Finance: a New Agenda for Central Banks and Financial Supervisors
Ulrich Volz and
Peter Knaack | 23 June 2023
Monetary,
Policy Briefs | Tags:
Financial Inclusion,
Green Finance
Through an integrated inclusive green finance (IGF) approach, central banks and financial supervisors can enable a just transition to an environmentally sustainable economy and avoid potential adverse effects on economically vulnerable groups.
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Let’s Find a Way to Get Tax Subsidies for Clean Energy Right
Agustin Redonda,
Patrick Lenain and
Flurim Aliu | 10 May 2023
Fiscal,
Commentary | Tags:
Energy,
Fossil Fuel Subsidies,
Tax Expenditures
Governments worldwide are finally providing substantial fiscal support to clean energy. This newfound enthusiasm is driven not only by the need to address climate change, but also by a desire to reduce dependence on volatile fossil fuel markets...
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Services in the India-EU Free Trade Agreement
Hildegunn Kyvik Nordås | 18 April 2023
Trade,
Policy Briefs | Tags:
EU,
India,
Services Trade,
Telecommunications,
Trade Agreements
EU and India are both committed to the global trading system, and both are concerned with making the digital and green transition work for all.
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From Trilemma to Triple Dividend: Clean, Affordable and Secure Energy
Patrick Lenain | 29 March 2023
Fiscal,
Blog | Tags:
Energy,
Fossil Fuel Subsidies,
Tax Expenditures
Governments seek to achieve simultaneously the three objectives of clean, affordable and secure energy. Some perceive them to be a daunting "Energy Trilemma" and call for energy security and affordability to be prioritised.
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Global Financial Networked Governance – The Power of the Financial Stability Board and its Limits
Peter Knaack | 27 March 2023
Books | Tags:
Finance Stability,
Governing Finance
Peter Knaack's book provides a careful analysis of the Financial Stability Board (FSB) and the standard-setters under its umbrella, showing how government networks harness the power of public reputation to herd their members into compliance.
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Two Sessions 2023: Reforming China’s Financial Governance
Sebastian Guo and
Peter Knaack | 22 March 2023
Monetary,
Blog | Tags:
China,
Economic Growth,
Financial Stability
Over the past years, China has reformed the governance of its financial system to better serve its development path.
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Inflation Reduction Act vs. Green Deal: Transatlantic Divergences on the Energy Transition
Patrick Lenain | 20 March 2023
Monetary,
Trade,
Blog | Tags:
Decarbonization,
Energy,
Industrial Policy,
Protectionism,
Tax Expenditures
The U.S. Inflation Reduction Act (IRA) has caused significant transatlantic tensions since its signing by Joe Biden in August 2022. The White House aims to break with the country’s high levels of fossil fuel consumption and switch to clean energy - a change that Europeans
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Climate Risks in Albania and their Relevance to the Central Bank
Margerita Topalli and
Pierre Monnin | 14 March 2023
Monetary,
Policy Briefs | Tags:
Central Banks,
Climate Change,
Financial Stability,
Sustainable Finance
Climate change has far-reaching impacts, both in breadth and magnitude that are starting to affect the economy and society in Albania. Mitigating them and positioning the Albanian economy on a sustainable path requires important structural transformations and investments.
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