Focusing on the “political economy perspective”
The 21st century confronts humanity with the threats of climate change and loss of biodiversity. EU regulation and governance of finance and banking needs to be at the forefront of its response. Since the European Commission launched its Action Plan on Sustainable Finance in 2018, policy initiatives have multiplied promoting transparency and certainty („Green Taxonomy”), asking firms and banks to take an honest look at the climate and environmental risks (EBA initiatives and ECB Guidelines). At the same time, central banks are even considering how these new objectives should shape their monetary policy. Yet, these efforts also raise difficult questions. Are the new regulations fit for purpose? What are the new challenges for supervisors and monetary authorities? The new EBI Sustainable Finance webinar series, organised jointly by the Working Group on Finance, Climate Change and Sustainability and EBI’s Associate Researchers Group, will bring together academics and practitioners to discuss these questions, and find answers.
Session 3: Sustainable finance – the political economy perspective
Tuesday, 15th June 2021
Time: 12:00 hrs to 14:00 hrs (CET)
Event password: SF-Series#3
This Event will take place on our webinar platform, Webex Events.
Moderator: David Ramos Muñoz (EBI Working Group on Finance, Climate Change and Sustainability; Carlos III University – Climate Strategic Initiative)
Katrijn Siderius (Goethe University Frankfurt): “Bankers for bees? Central banks and the (organizational) politics of the sustainable economy)”
Matthias Thiemann (Sciences Po): “From discursive contradictions to discursive ruptures to discursive self-empowerments: central banks and the problem of climate change” (co-authored with Tim Büttner and Oliver Kessler)
Jens van ‘t Klooster (KU Leuven/University of Amsterdam)
Sarah Jane Hlásková Murphy (Lead Legal Counsel, DG Legal Services, ECB)