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Transatlantic News
Transatlantic News
14
May
Imagine you plan to invest your savings and are looking for a firm or sector with a sustainable business model or a project that can make a real difference in the transition to a low-carbon economy. Where do you get reliable information to assess and compare projects from different companies?
"Data gaps make it difficult to assess firms’ exposure to climate risk."
To give investors access to decision-useful information to effectively price and manage climate risks, there is an urgent need to...
13
May
Inheritance taxation can be an important instrument to address inequality, particularly in the current context of persistently high wealth inequality and new pressures on public finances linked to the COVID-19 pandemic, according to a new OECD report.
Inheritance Taxation in OECD Countries provides a comparative assessment of inheritance, estate and gift taxes across the 37-member OECD, and explores the potential role these taxes could play in raising revenues, addressing inequalities and improving the efficiency of tax systems in the future.
The...
13
May
Round XI Will Award More Than $750 Million Across All 10 REDC Regions to Build Back Better in a Post-COVID Economic Recovery
Governor Andrew M. Cuomo today launched Round XI of the Regional Economic Development Council initiative, officially kicking off a new decade of economic development in a post-pandemic recovery. The 2021 funding round includes more than $750 million in state economic development resources. The Consolidated Funding Application will open on May 10, enabling businesses, municipalities, not-for-profits and the public to begin applying...
13
May
The 2020 ECB Forum on Central Banking addressed some key issues from the ongoing monetary policy strategy review and embedded them in discussions of major structural changes in advanced economies and the post-COVID recovery. In this column, two of the organisers highlight some of the main points from the papers and debates, including whether globalisation is reversing, implications of climate change, options for formulating the ECB's inflation aim, challenges with informal monetary policy communication, relationships between financial stability and...
13
May
Lecture given by John Bruton, former Taoiseach, to a webinar organised by the University of East Anglia in Norwich on Tuesday 11 May 2021 at 6.30pm |
Ireland is more affected by what happens in the UK than is any other country.
This is due to the facts that
+ Ireland is host to the UK’s only land border with another state
+ Geographically, Ireland’s easiest route to the Eurasian land mass is through UK territory
+ Politically, Ireland has been intertwined with the...
12
May
Today, the European Commission adopted the EU Action Plan: “Towards Zero Pollution for Air, Water and Soil” – a key deliverable of the European Green Deal and the main topic of this year's EU Green Week. It sets out an integrated vision for 2050: a world where pollution is reduced to levels that are no longer harmful to human health and natural ecosystems, as well as the steps to get there. The plan ties together all relevant EU policies to tackle and prevent pollution,...
12
May
The Spring 2021 Economic Forecast projects that the EU economy will expand by 4.2% in 2021 and by 4.4% in 2022. The euro area economy is forecast to grow by 4.3% this year and 4.4% next year. This represents a significant upgrade of the growth outlook compared to the Winter 2021 Economic Forecast which the Commission presented in February. Growth rates will continue to vary across the EU, but all Member States should see their economies return to pre-crisis...
11
May
Blog post by Fabio Panetta, Member of the Executive Board of the ECB |
The COVID-19 pandemic has caused the largest decrease in global economic activity on record. But the drop in carbon dioxide emissions has been only temporary. Although global CO2 emissions fell by 6.4% overall in 2020, they had already begun to increase in the second half of the year and have now returned to pre-crisis levels.
The fact that last year’s extraordinary circumstances still did not bring global emissions into...
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