No bees, no buzz: climate and nature matter

A healthy economy needs a healthy planet. If we destroy nature, we destroy the economic activity that depends on it. Climate change is already hurting our economies, affecting how much is produced and how much things cost. At the same time, the transition to a greener economy is also under way.

Therefore, climate change is an integral part of our monetary policy analysis. For the same reasons, we are now exploring the economic implications of nature degradation.