Climate change entails risks to the global economy and impacts financial stability. Beyond managing related risks, the financial sector can also contribute to the transition toward a net-zero economy. Guided by the ECB's climate and nature plan1 , this paper discusses the methodology and key...

We explore a global carbon pricing framework to inform the potential coordination of carbon pricing and equivalent policies. The framework has three main features aligning with the current multilateral system for climate action. First, the carbon price is determined by a global average carbon...

This note synthesises the available literature examining the impact of agricultural support on greenhouse gas (GHG) emissions as well as its impact on water, biodiversity, and land. In keeping with the Secretariat's impartiality, the note reports the findings as they appear in the literature....