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Europe's green transition to persistently boost inflation, ECB's Schnabel says

Europe’s effort to wean its economy off Russian gas is likely to be a persistent boost to inflation even beyond the current spike, European Central Bank board member Isabel Schnabel says.

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Only quick shift to 'net zero' emissions will boost GDP: Report

Cutting planet-warming emissions to "net zero" by 2050 could lift growth and employment but would require an inflation-boosting $160 per tonne carbon price by the end of the decade, an umbrella group of the world's top central banks say.

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Tenth of pandemic stimulus spend could help world reach climate goals: Study

The world could get on track to avert catastrophic climate change by investing a tenth of a planned $12 trillion in pandemic recovery packages in reducing dependence on fossil fuels.

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