Towards an orderly energy transition
· Christine Lagarde, President of the European Central Bank (Euro area (EU))
Summary written by Dark Majestic in its own words · topics: inflation and price stability, financial stability, climate, energy and nature
CL · Christine Lagarde Wiki · European Central Bank WikiTowards an orderly energy transitionContextOpening remarks by Christine Lagarde at the joint IEA-ECB-EIB international conference on an orderly energy transition.
Why it mattersLagarde argues that clean energy investment would reduce price volatility.
Problems raised- Volatile energy prices affect inflation dynamics.
- Energy markets are shifting durably.
- A disorderly transition could hurt the most vulnerable.
Solutions proposed- Pursue an orderly energy transition with the IEA and EIB.
- Keep temporary targeted support for the most vulnerable.
- Invest heavily in clean energy to reduce price volatility.
Read full speech on ecb.europa.eu ↗More from Christine Lagarde · European Central Bank · all speeches
More speeches by Christine Lagarde
Other leaders on inflation and price stability
