Setting Out for a New Climate Policy

On July 12, ECONtribute spokesperson Isabel Schnabel and the German Council of Economic Experts handed their special report on climate policy to Chancellor Angela Merkel. “The current debate offers a historic opportunity to change Germany’s fragmented, expensive and inefficient climate policy” says Christoph M. Schmidt, chairman of the German Council of Economic Experts. The Council calls for CO2 pricing to become the central instrument of a progressive climate strategy.

Further information here: https://www.sachverstaendigenrat-wirtschaft.de/fileadmin/dateiablage/gutachten/sg2019/190712_SVR_SG-Setting_out_for_a_new_climate_policy.pdf

Isabel Schnabel elected as Vice Chair of the Advisory Scientific Committee of the European Systemic Risk Board

We are happy to announce that ECONtribute spokesperson Prof. Isabel Schnabel has been elected as Vice Chair of the Advisory Scientific Committee (ASC) of the European Systemic Risk Board.

The ASC Board consists of 15 experts representing a wide range of skills, experience and expertise. It contributes to the public debate on macroprudential policy by publishing reports. Past contributions include calls for: credible bank resolution; a European capital markets union; and enhanced disclosure of carbon-intensive assets.

https://www.esrb.europa.eu/about/orga/asc/html/index.en.html

The ASC Board meets quarterly in Frankfurt and publishes reports on a regular basis. Isabel Schnabel had already been a board member before and was now elected as Vice Chair. She is also a member of the German Council of Economic Experts, research affiliate at the Centre for Economic Policy (CEPR) and at the Max-Planck Institute for Research on Collective Goods. Prof. Schnabel lectures Financial Economics at the University of Bonn, her main fields of research are financial stability, systemic risk and banking regulation.