Digitalisation can be viewed as a major supply/technology shock affecting macroeconomic aggregates that are important for monetary policy, such as output, productivity, investment, employment and prices. This paper takes stock of developments in the digital economy and their possible impacts acr...
This Occasional Paper reviews how climate change and policies to address it may affect the macro economy in ways that are relevant for central banks’ monetary policy assessment of the inflation outlook. To this end, the paper focuses on the potential channels through which climate change and the...
To reduce emissions by at least 55% in 2030 and build the foundations for a climate neutral Europe by 2050, the Renovation Wave aims to renovate 35 million inefficient buildings by 2030. 85-95% of buildings in the EU are expected to still be standing in 2050. Renovating them is essential to redu...
The SLOPES project brought together experts from across Europe to advance the current technology and methodologies applied to understanding, analysing, and monitoring slopes within open pit lignite mines. The project targeted three main areas. Firstly, the research evaluated how modern monitorin...
The aim of this project was to increase the reliability of wind turbine, improving the properties of steel bearings by the development of a new high nitrogen austenitic steel (HNAS) functional grade replacing the 100Cr6 steel which is usually used for steel bearings production. The work finally ...
In 2019, the European Commission announced the EU Green Deal as its strategic plan to achieve climate neutrality by mid-century, protect the environment and boost the region’s economy. To transition to a net-zero greenhouse gas emissions economy over the next decades, a vast transformation of th...
