Laura Parisi is team lead at the European Central Bank Climate Change Center and Spyros Alogoskoufis is a financial stability and stress test expert at the European Central Bank. Together, they spearheaded the ECB’s economy-wide climate stress test which was released in September. The exercise tested the impact of climate change on more than four million firms worldwide and 1,600 Euro-area banks under three different climate policy scenarios.
Related Links
* ECB economy-wide climate stress test
https://www.ecb.europa.eu/press/pr/date/2021/html/ecb.pr210922~59ade4710b.en.html
*The ECB pledge on climate change action
https://www.ecb.europa.eu/pub/pdf/scpops/ecb.op271~36775d43c8.en.pdf
Lee’s Twitter: @leereiners
GFMC Twitter: @DukeGFMC
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