Past Event

Climate change and the role of central banks

What connections exist between central banks and climate change, and what are the resulting implications?

Date: September 16, 2019, 8:30 am Topic: Energy & Climate

Bruegel is excited to host this event in conjunction with Narodowy Bank Polski (NBP) about the role of central banks in climate change. Climate change and government measures in response to it (transitions to a low-emissions economy) are a structural disruption. The aim of the event is to assess the impact of this disruption on the performance of the main tasks of central banks: monetary policy, financial system stability, and reserve management.

The subject of this event will be introduced and elaborated upon by Bruegel’s Non-Resident Fellow Dirk Schoenmaker. The introduction will be followed by panel discussions with participation of experts from various international financial institutions, central banks and academia.

This is an invitation-only event. 

Schedule

Sep 16, 2019

08.30-09.00

Registration and welcome coffee

09.00-09.30

Introduction

Dirk Schoenmaker, Non-Resident fellow

09.30-10.30

Panel discussion I

Emanuele Campiglio, Assistant Professor, Vienna University of Economics and Business and Visiting Fellow, London School of Economics

Pierre Monnin, Fellow, Council on Economic Policies

Kjell G. Nyborg, Deputy Head of Department of Banking and Finance, University of Zurich and Senior Chair, Swiss Finance Institute

Luiz Awazu Pereira da Silva, Deputy General Manager, Bank for International Settlements

Additional speaker to be confirmed

10.30-10.45

Q&A

10.45-11.15

Coffee break

11.15-12.15

Panel discussion II

Chair: Paul Hiebert, Head of Systemic Risk and Financial Institutions Division, ECB

Chair: Mario Quagliariello, Director, Economic Analysis and Statistics, European Banking Authority

Chair: Mattia Romani, Managing Director, EBRD

Additional speaker to be confirmed

12.15-12.30

Q&A

12.30-12.35

Closing remarks

Paweł Samecki, Director of the International Department at Narodowy Bank Polski

12.35-13.35

Lunch

13.35

End

Speakers

Emanuele Campiglio

Assistant Professor, Vienna University of Economics and Business and Visiting Fellow, London School of Economics

Paul Hiebert

Head of Systemic Risk and Financial Institutions Division, ECB

Pierre Monnin

Fellow, Council on Economic Policies

Kjell G. Nyborg

Deputy Head of Department of Banking and Finance, University of Zurich and Senior Chair, Swiss Finance Institute

Luiz Awazu Pereira da Silva

Deputy General Manager, Bank for International Settlements

Mario Quagliariello

Director, Economic Analysis and Statistics, European Banking Authority

Mattia Romani

Managing Director, EBRD

Paweł Samecki

Director of the International Department at Narodowy Bank Polski

Dirk Schoenmaker

Non-Resident fellow

Location & Contact

Narodowy Bank Polski, Świętokrzyska 11/21, 00-919 Warsaw

Katja Knezevic

[email protected]

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External Publication

How Can the European Parliament Better Oversee the European Central Bank?

This paper, written at the request of the Committee on Economic and Monetary Affairs, assesses how the European Parliament holds the European Central Bank accountable. The same exercise is done for the Bank of Japan, in order to identify possible lessons for the ECB and the European Parliament.

By: Grégory Claeys and Marta Domínguez-Jiménez Topic: European Macroeconomics & Governance, Global Economics & Governance Date: September 23, 2020
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Past Event

Past Event

Bruegel Annual Meetings 2020 - Day 1

The Annual Meetings are Bruegel's flagship event which gathers high-level speakers to discuss the economic topics that affect Europe and the world.

Topic: Energy & Climate, European Macroeconomics & Governance, Finance & Financial Regulation, Global Economics & Governance, Innovation & Competition Policy Location: Bruegel, Rue de la Charité 33, 1210 Brussels Date: September 1, 2020
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Blog Post

One last push is needed to improve the Just Transition Fund proposal

The European Parliament and the Council still have an opportunity to improve the Just Transition Fund by refocusing it on social support and basing fund allocations on more granular information that takes into account not only countries’ needs but also their green ambitions.

By: Aliénor Cameron, Grégory Claeys, Catarina Midões and Simone Tagliapietra Topic: Energy & Climate, European Macroeconomics & Governance Date: June 11, 2020
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Opinion

The Independence of the Central Bank at Risk

The ruling of the German Federal Constitutional Court (GFCC) of May 5 on the ECB’s monetary policy affects not only the relation of Germany to the European Central Bank (ECB) and the Court of Justice of the European Union (ECJ) but also the constitutional foundations of monetary policy.

By: Peter Bofinger, Martin Hellwig, Michael Hüther, Monika Schnitzer, Moritz Schularick and Guntram B. Wolff Topic: European Macroeconomics & Governance Date: June 2, 2020
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Past Event

Past Event

(Em)powering the recovery

What role will the energy sector play in the post crisis recovery and will this recovery be a green one?

Speakers: Kadri Simson, Francesco Starace and Guntram B. Wolff Topic: Energy & Climate Location: Bruegel, Rue de la Charité 33, 1210 Brussels Date: May 28, 2020
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Policy Contribution

COVID-19’s reality shock for external-funding dependent emerging economies

COVID-19 is by far the biggest challenge policymakers in emerging economies have had to deal with in recent history. Beyond the potentially large negative impact on these countries’ fiscal accounts, and the related solvency issues, worsening conditions for these countries’ external funding are a major challenge.

By: Alicia García-Herrero and Elina Ribakova Topic: Finance & Financial Regulation, Global Economics & Governance Date: May 28, 2020
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Opinion

The message in the ruling

The German Constitutional Court's ruling on the ECB's asset purchase programme is open to much criticism but it can hardly be blamed for raising an important question.

By: Jean Pisani-Ferry Topic: European Macroeconomics & Governance Date: May 12, 2020
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Past Event

Past Event

The Sound of Economics Live: The macroeconomic policy response to the COVID-19 crisis

Which macroeconomic policy response is the best option to deal with the crisis currently unfolding and will ensure that the recovery will be as quick as possible?

Speakers: Grégory Claeys, Giuseppe Porcaro, Lucrezia Reichlin and Guntram B. Wolff Topic: European Macroeconomics & Governance Location: Bruegel, Rue de la Charité 33, 1210 Brussels Date: March 31, 2020
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Past Event

Past Event

CANCELLED: How adequate is the European toolbox to deal with financial stability risks in a low rate environment?

Bruegel is delighted to welcome the governor of the Central Bank of Ireland, Gabriel Makhlouf. He will deliver a keynote address about how adequate the European toolbox is to tackle financial stability risks in a low rate environment. Following his speech, a panel of experts will further discuss the topic.

Speakers: Gabriel Makhlouf, Guntram B. Wolff and Agnès Bénassy-Quéré Topic: European Macroeconomics & Governance, Finance & Financial Regulation Location: Bruegel, Rue de la Charité 33, 1210 Brussels Date: March 31, 2020
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External Publication

Facing the lower bound: what will the ECB do in the next recession?

In responding to the global financial crisis, the ECB has pushed its monetary policy into unchartered territories . Today, it appears increasingly constrained by persistently low interest rates. This paper seeks to understand this challenge and assess whether its toolkit would allow the ECB to weather a European recession.

By: Aliénor Cameron, Grégory Claeys and Maria Demertzis Topic: European Macroeconomics & Governance Date: March 27, 2020
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Past Event

Past Event

The Sound of Economics Live: Banks and Loan Losses in the Pandemic Turmoil

At this online event we will record an episode of the Sound of Economics, Bruegel's podcast series. In this episode, we discuss the implications of the coronavirus crisis on financial stability and credit availability.

Speakers: Giuseppe Porcaro, Nicolas Véron and Guntram B. Wolff Topic: Finance & Financial Regulation Date: March 25, 2020
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Blog Post

Banks in pandemic turmoil

The banking system is critical to society and requires attention and support. In doing so, however, tough love is preferable to complacency.

By: Nicolas Véron Topic: Finance & Financial Regulation Date: March 24, 2020
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