FSJ Project Policy Brief 1/2020 - EU Treaties require Eurozone monetary policy to take environmental objectives into account

Published: 19 May 2020

As part of the Finance and Social Justice Project, a team of LLM and PhD students has published a policy brief which evaluates the impact of Corporate Sector Purchase Programme (CSPP) on climate change based on their findings and on a request to the German and Spanish central banks.

As part of the Finance and Social Justice Project, over the course of the academic year 2019/20, a team of LLM and PhD students has been exploring the extent to which the Eurosystem was taking climate change into account when designing and implementing its Corporate Sector Purchase Programme (CSPP). As part of the project, the students have researched the legal obligations of the Eurosystem concerning environmental protection. Building on their research, they have requested the German central bank and the Spanish central bank access to any information that would describe how they were taking into account climate change in the design and implementation of the CSPP. Today they present their findings alongside an evaluation of the current CSPP in a policy brief that can be accessed here.


First published: 19 May 2020