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portada The European Central Bank as a Sustainability Role Model: Philosophical, Ethical and Economic Perspectives
Type
Physical Book
Publisher
Author
Language
English
Pages
83
Format
Hardcover
Dimensions
23.4 x 15.6 x 0.6 cm
Weight
0.31 kg.
ISBN13
9783030554491
Categories

The European Central Bank as a Sustainability Role Model: Philosophical, Ethical and Economic Perspectives

Bolsinger, Harald ; Hoffmann, Johannes ; Villhauer, Bernd (Author) · Springer · Hardcover

The European Central Bank as a Sustainability Role Model: Philosophical, Ethical and Economic Perspectives - Bolsinger, Harald ; Hoffmann, Johannes ; Villhauer, Bernd

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Synopsis "The European Central Bank as a Sustainability Role Model: Philosophical, Ethical and Economic Perspectives"

This book examines selected actions and investments of the European Central Bank (ECB) from a climate and sustainability standpoint. Shedding new light on the topic from various angles - ethical, philosophical, political, economical and legal - it situates sustainability mainstreaming in the finance and investment field at all levels. The former ECB President Mario Draghi once said that he considered sustainable development and an intact environment to be human rights, and therefore enshrined in the EU Charter of Fundamental Rights. The acting ECB President Christine Lagarde added that the future path for the climate is uncertain, but it would remain within our power to influence it. However, with all that in mind the ECB's policy of buying assets as securities is often questionable. This volume analyzes these actions in connection with sustainability, and puts forward practical recommendations for improving the ECB's investment strategy on its way creating a sustainable financial market.

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