Narrowing the climate data gap – climate change-related indicators
2023
5
49-55
decarbonization ; climate change ; economic indicator ; sustainable development
Public finance and taxation
English
"In January 2023 the ECB published a set of climate-related statistical indicators on its website for the first time, covering sustainable finance, carbon emissions and physical risks. These climate-related indicators, which are still under different stages of development, aim to shed light on climate change risks facing the financial sector in the euro area and to support policymakers and investors in developing effective strategies to address these challenges. Climate change also has potential implications for central banks regarding their price stability mandates, financial stability aims and, in many cases, prudential supervision of banks. This box gives a brief overview of the climate-related indicators, including the rationale behind them and their caveats...."
Digital
The ETUI is co-funded by the European Union. Views and opinions expressed are however those of the author(s) only and do not necessarily reflect those of the European Union or the ETUI.