CORDIS Project
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The GREENQE project explores how central banks can influence climate change by adjusting their asset purchase programs to favor green investments. It assesses the potential reductions in carbon emissions and temperature increases while weighing the economic impacts on monetary policy effectiveness.
The United Nations Sustainable Development Goal 13 calls to ""Take urgent action to combat climate change and its impacts"" by 2030.
This call to take action also reached central banks:
A controversial debate of whether monetary policy shall target climate change mitigation is ongoing.
This addresses also the use of titling the asset purchase programs towards green assets (green quantitative easing, green QE). GREENQE contributes to this discussion, by investigating how large of a carbon emissio…
UNIVERSITEIT VAN AMSTERDAM
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