Andrew Watt, (2020), ” The European Green Deal: will the ends, will the means?”, Social Europe, 14 January
Carbon pricing will foster climate-friendly investment by the private sector but the investment gap if climate goals are to be reached is huge: the commission estimates it at €260 billion (around 1.5 per cent of 2018 gross domestic product) annually until 2030, not including mitigating the social costs of transition. Public-sector involvement will be critical.
- Markus K. Brunnermeier, Jean-Pierre Landau, (2020), Central banks and climate change, VoxEU, 15 January
- Alexander Lehmann, (2020), “European green finance is expanding, a discount on bank capital would discredit it“, Bruegel, 15 January