Climate benchmark and Digital public money: Difference between pages

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''Sustainability''.
''Economics - money supply - central banks - public money - digital currency.''


1. ''European Union (EU)''.
The part of the money supply comprising any digital liabilities of the central bank.


One of two EU benchmark ‘labels’:
For example, any central bank digital currency (CBDC).


*The EU Climate Transition Benchmark.
*The EU Paris-aligned Benchmark.


:<span style="color:#4B0082">'''''CBDC should anchor monetary stability & complement private sector activities'''''</span>


The aims of the climate benchmarks are to improve transparency and comparability, to reallocate capital towards climate-friendly investments and to deter misleading low carbon claims, known as greenwashing.
:"In a recent presentation by Fabio Panetta (member of the Executive Board of the ECB), at the Annual Congress of the European Economic Association, he noted:


:o    Digital public money is the monetary anchor in a digital world.
:o    The importance of safeguarding monetary sovereignty.
:o    The need to enhance competition and efficiency in payments.


2.


Any other similar benchmark.
:But also the importance that a CBDC was not too successful if it crowds out private sector activity."
 
:''ACT blog - Naresh Aggarwal - Central Bank Digital Currencies (CBDCs) and other digital currencies – September 2022.''




== See also ==
== See also ==
* [[Benchmark]]
* [[Central bank]]
* [[Benchmarking]]
* [[Central bank digital currency]] (CBDC)
* [[Benchmarks Regulation]]
* [[Coin]]
* [[Climate change]]
* [[Competition]]
* [[Climate Transition Benchmark]]
* [[Digital]]
* [[European Union]]  (EU)
* [[Digital currency]]
* [[Greenwash]]
* [[European Central Bank]]  (ECB)
* [[Paris-aligned Benchmark]]  (PAB)
* [[European Economic Association]]  (EEA)
* [[Monetary policy]]
* [[Monetary stability]]
* [[Money]]
* [[Money supply]]
* [[Private money]]
* [[Private sector]]
* [[Public ]]
* [[Public money]]
* [[Public sector]]
* [[Sovereignty]]
 
 
==External link==
*[https://www.ecb.europa.eu/press/key/date/2022/html/ecb.sp220823~26022f4481.en.pdf - Policy panel on central bank digital currencies - Fabio Panetta - European Central Bank - August 2022]


[[Category:Accounting,_tax_and_regulation]]
[[Category:Accounting,_tax_and_regulation]]
[[Category:The_business_context]]
[[Category:The_business_context]]
[[Category:Corporate_finance]]
[[Category:Investment]]
[[Category:Long_term_funding]]
[[Category:Identify_and_assess_risks]]
[[Category:Identify_and_assess_risks]]
[[Category:Manage_risks]]
[[Category:Manage_risks]]
[[Category:Risk_frameworks]]
[[Category:Risk_frameworks]]
[[Category:Risk_reporting]]
[[Category:Cash_management]]
[[Category:Financial_products_and_markets]]
[[Category:Financial_products_and_markets]]
[[Category:Liquidity_management]]
[[Category:Technology]]

Revision as of 09:38, 19 September 2022

Economics - money supply - central banks - public money - digital currency.

The part of the money supply comprising any digital liabilities of the central bank.

For example, any central bank digital currency (CBDC).


CBDC should anchor monetary stability & complement private sector activities
"In a recent presentation by Fabio Panetta (member of the Executive Board of the ECB), at the Annual Congress of the European Economic Association, he noted:
o Digital public money is the monetary anchor in a digital world.
o The importance of safeguarding monetary sovereignty.
o The need to enhance competition and efficiency in payments.


But also the importance that a CBDC was not too successful if it crowds out private sector activity."
ACT blog - Naresh Aggarwal - Central Bank Digital Currencies (CBDCs) and other digital currencies – September 2022.


See also


External link