Building energy renovation: our panel in Sciences Po's Paris Climate & Nature Week

Positive Money Europe will host a session dedicated to exploring how monetary policy can accelerate the ecological transition.

Our panel “Greening monetary policy to accelerate the transition: the case of building energy renovation” brings together expertise from central banking, climate advocacy, and monetary reform that will explore innovative approaches to financing the ecological transition.

Our speakers are:

• Oriane Wegner – Economist at the Banque de France, climate issues specialist

• Lucas Chabalier – Head of Advocacy, Agir pour le climat

• Aurélie Maréchal – Executive Director, Positive Money Europe

• Philippe Ramos – Advocacy Officer, Positive Money Europe

Green monetary policy - which better finances investments that contribute to price stability and financial system stability, both core mandates of the European Central Bank - is both necessary and possible. Many green investments are essential not only for achieving climate goals but also for strengthening the resilience of our societies and financial system against impending environmental disruptions.

Buildings as a case study

The building sector, Europe's largest energy consumer and biggest greenhouse gas emitter, perfectly illustrates this potential. Beyond the numerous advantages of building renovation - including greater energy sovereignty, improved comfort and health for occupants, and stimulation of local employment - energy and thermal renovation also strengthens banking solidity and contributes indirectly to controlling inflation.

Similarly, renewable energy and the electrification of daily mobility could equally benefit from more accommodating monetary policy. However, implementing such a policy requires a clear and operational definition of what makes investments "green," something the European taxonomy sometimes struggles to guarantee.

About Paris Climate & Nature Week

Taking place ten years after the Paris Agreement and just before COP30 in Belém, this inaugural European climate week will bring together renowned researchers, politicians, representatives of international institutions, business leaders, civil society actors, and citizens. The event will feature over 60 sessions with 2,000 expected participants.

Sciences Po, the first European university to launch a Climate School for future political and economic decision-makers, will open the week with a keynote address by Teresa Ribera, Executive Vice President of the European Commission. Other notable participants include Laurent Fabius (President of COP21), Laurence Tubiana (Dean of Paris Climate School), and representatives from the World Bank, OECD, World Resources Institute, and numerous other leading organizations.

Click here to read more info and register for our session

If you are a journalist interested in participating contact our Senior Press Officer Chris Ancil at Chris.ancil@positivemoney.eu