Peter Reusens

Nov 22, 2024 | nbb.be | John Hutchinson |Peter Reusens |Jana Jonckheere |Saifeddine Ben Hadj

Scope of the stress test The European Commission recognises that the financial sector must not only prove resilient in the face of climate-related risks and integrate sustainability into its decision-making processes but also be cognisant of its important role in contributing to the success of the energy transition and improving the sustainability of the European economy.

Oct 22, 2024 | nbb.be | Thomas Stoerk |John Hutchinson |Peter Reusens |Brenda Van Tendeloo

Home » Blog » Getting it right: carbon pricing and climate neutrality NBB Blog The European Union aims to be climate neutral by 2050. Meeting this ambitious goal will require reducing net greenhouse gas (GHG) emissions to zero, with a small amount of residual emissions offset by additional removals. Related articles The recent energy price shock ate into the profit margins of most firms, across all sectors.

Oct 7, 2024 | nbb.be | Gert Bijnens |Cédric Duprez |John Hutchinson |Peter Reusens

The recent energy price shock ate into the profit margins of most firms, across all sectors. Belgian data reveal that many regained profitability when prices fell back, but energy-intensive firms didn’t recover in the same way. This is unfortunate, not least for Europe’s ability to meet its climate objectives, as low profits make it harder for firms to finance green investments.