The financial sector has an important role to play in speeding up transition to a low-carbon economy. 🌎⛅️ linkedin.com/pulse/financia…

Happy New Year everyone!

Just read this wonderfully clear and concise article by Irene Monasterolo et al. on what Network for Greening the Financial System climate scenarios do and don't do. bit.ly/3X3oIjH Limited physical risk 🌊, trend baseline growth 🚀, no financial sector 💶. Clues to understand 👇 x.com/lmillischer/st…

Looking forward to discussing #climatefinance at WIFO next week!

The Carrot and the Stock: Laurent Millischer 🇪🇺 from the Joint Vienna Institute spoke at a #WIFO Research Seminar about the search of stock-market incentives for decarbonization. ow.ly/zjsN50NbXg7

Happy to see our paper on stock prices and carbon prices published in Energy economics. authors.elsevier.com/a/1gnbGW3fcwFCl With Tatiana Evdokimova and Oscar Fernandez 🇪🇺 x.com/lmillischer/st…

2) It’s actually worse than that chart made out, because at most points on the income distribution, Americans earn much more than Brits. If we plot the same data by actual income instead of percentile, the US deficit is vast. 5 fewer years even among the comfortably-off.

Looking forward to discussing options for greening monetary policy including the European Central Bank and Magyar Nemzeti Bank experience in this webinar on April 19. Do join us!

Eighty years ago, my grandfathers were shooting at each other. That’s a fact my 🇦🇹🇫🇷 kids simply cannot comprehend. Thanks for that, EU. Happy 🇪🇺 day to all!

🌱 ICAP-PMI Europe & Central Asia #EmissionsTrading Training Course in Montenegro this week! Lessons on ETS design & implementation, 36 participants from across 🇲🇪🇹🇷🇽🇰🇧🇦🇺🇦🇰🇿🇷🇸🇲🇩! 👏 Thanks to the Joint Vienna Institute & Ecologic Institute for the support & the Gov. of Montenegro for hosting

Many a (sad) truth in this The Economist piece on 🇦🇹 - with one major factual mistake: “Austrians like to paint themselves as mini-Germans”. #nowedont #balkanbeginntinwien economist.com/europe/2023/05…

Stocks of European high-carbon firms exhibit weak performance during carbon price hikes, bolstering case for ambitious carbon pricing policies to increase EU Emissions Trading System's impact. Laurent Millischer 🇪🇺, Tatiana Evdokimova Joint Vienna Institute, Oscar Fernandez 🇪🇺 WU Economics Dept. ow.ly/OrSC50PBnxb