Frank Elderson: Taking into account climate and nature in monetary policy and banking supervision around the world

This box investigates how households have responded to the 2021-23 inflationary episode using evidence from the ECB’s Consumer Expectations Survey.

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Provider: 
ECBECB
URL: 
https://www.ecb.europa.eu//press/key/date/2024/html/ecb.sp240327_1~000d88f066.en.htmlhttps://www.ecb.europa.eu//press/key/date/2024/html/ecb.sp240327_1~000d88f066.en.html
Retrieved on: 
Wednesday, April 3, 2024
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Tags: 
Reproduction, European Central Bank, Attention, Climate change, Risk management, Financial system, Supervisory board, Finance, BCBS, Central bank, FSB, Amazon, ECB, Risk, Flood, Frankfurt, Climate, Materiality, NGFS, Carbon footprint, News, Communication, Food, Nature, Mineral, Carbon, Biodiversity, Risk assessment, Banco, Data collection, Mouth, Water, Ecosystem, Drinking water, Wildfire, Cryptocurrency
Geotags: 
PARIS, BRAZIL, GERMANY
Summary
Key Points: 
  • This box investigates how households have responded to the 2021-23 inflationary episode using evidence from the ECB’s Consumer Expectations Survey.
  • The findings suggest that households have primarily adjusted their consumption spending to cope with higher inflation.
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