Uuree Batsaikhan
@uureeb.bsky.social
Head of Economics Positive Money Europe, formerly Affiliate Fellow Bruegel, RA DIW Berlin, proud alumni of the Hertie School and Central European University, RT ≠ endorsement
Pinned
Uuree Batsaikhan
@uureeb.bsky.social
· Jan 14
New report: “Nature’s Nudge” calls on the ECB to address nature degradation and biodiversity loss in its collateral framework
Shifting power from big banks to people.
We collaborate with policymakers, the public and economists around the world so we can redesign our economic system for a better world and a healthy planet.
positivemoney.org
Our study with @wwfswitzerland.bsky.social looks for the very first time- how to integrate climate, nature&biodiversity into central bank collateral frameworks "Nature's Nudge: The Role of Collateral Frameworks in the Transition Towards a Sustainable Economy" ♨️ 🧵👇
positivemoney.org/update/new-r...
positivemoney.org/update/new-r...
Out of office until Jan2026 🐣☀️
July 9, 2025 at 7:28 AM
Out of office until Jan2026 🐣☀️
Reposted by Uuree Batsaikhan
Please check out our new review in BioScience!
We describe how spatial climate analogs can be used in climate change research, impact assessment, decision-making, and communication.
#MacroEcology
#ClimateChange
#GlobalChange
1/4
We describe how spatial climate analogs can be used in climate change research, impact assessment, decision-making, and communication.
#MacroEcology
#ClimateChange
#GlobalChange
1/4
Spatial climate analogs in climate change research, impact assessment, and decision-making
Abstract. Climate adaptation requires actionable scientific information about potential climate impacts. Spatial climate analogs answer the question, ‘wher
doi.org
May 12, 2025 at 2:12 PM
Please check out our new review in BioScience!
We describe how spatial climate analogs can be used in climate change research, impact assessment, decision-making, and communication.
#MacroEcology
#ClimateChange
#GlobalChange
1/4
We describe how spatial climate analogs can be used in climate change research, impact assessment, decision-making, and communication.
#MacroEcology
#ClimateChange
#GlobalChange
1/4
Reposted by Uuree Batsaikhan
📢 Hot off the press: our new study in Nature, led by Luke Grant and @wimthiery.bsky.social, shows how climate change is redefining what it means to live an "unprecedented life"—facing climate extremes that would have been nearly impossible without human influence.
www.nature.com/articles/s41...
www.nature.com/articles/s41...
Global emergence of unprecedented lifetime exposure to climate extremes - Nature
Climate models, impact models and demographic data are used to estimate the number of people projected to experience unprecedented lifetime exposure to extreme climate events across multiple dimension...
www.nature.com
May 7, 2025 at 3:30 PM
📢 Hot off the press: our new study in Nature, led by Luke Grant and @wimthiery.bsky.social, shows how climate change is redefining what it means to live an "unprecedented life"—facing climate extremes that would have been nearly impossible without human influence.
www.nature.com/articles/s41...
www.nature.com/articles/s41...
I had an honour to be featured in @joannasullivan.bsky.social 's series on women trailblazers ☀️ When one's feed seem to feature mostly doom&gloom these days, I hope my messages will add some hope and lighten your day 🌺
March 20, 2025 at 1:30 PM
I had an honour to be featured in @joannasullivan.bsky.social 's series on women trailblazers ☀️ When one's feed seem to feature mostly doom&gloom these days, I hope my messages will add some hope and lighten your day 🌺
R bar vs. R star, the natural rate is fundamentally different from the neutral rate - Maurice Obstfeld + reforms a la Draghi, time has come? #ecbwatchers
March 12, 2025 at 2:50 PM
R bar vs. R star, the natural rate is fundamentally different from the neutral rate - Maurice Obstfeld + reforms a la Draghi, time has come? #ecbwatchers
Balance sheet would be close to 4 trillion, rather than 1 trln. Real need to discuss the design of Operational framework with ongoing @ecb.europa.eu strategy review #ECBwatchers
@positivemoneyeu.bsky.social wrote a paper on this @jordischroeder.bsky.social
www.datocms-assets.com/132494/17212...
@positivemoneyeu.bsky.social wrote a paper on this @jordischroeder.bsky.social
www.datocms-assets.com/132494/17212...
www.datocms-assets.com
March 12, 2025 at 1:17 PM
Balance sheet would be close to 4 trillion, rather than 1 trln. Real need to discuss the design of Operational framework with ongoing @ecb.europa.eu strategy review #ECBwatchers
@positivemoneyeu.bsky.social wrote a paper on this @jordischroeder.bsky.social
www.datocms-assets.com/132494/17212...
@positivemoneyeu.bsky.social wrote a paper on this @jordischroeder.bsky.social
www.datocms-assets.com/132494/17212...
5 lessons on QE:
1.QE can be complement&substitute for IR policy
2.QE macro effect more uncertain than IR, but duration extraction effect significant.
3.Few channels-signaling, liquidity provision..
Good 2have more tools, don't ditch them
Refreshing points by Lucrezia Reichlin #ecbwatchers
1.QE can be complement&substitute for IR policy
2.QE macro effect more uncertain than IR, but duration extraction effect significant.
3.Few channels-signaling, liquidity provision..
Good 2have more tools, don't ditch them
Refreshing points by Lucrezia Reichlin #ecbwatchers
March 12, 2025 at 12:44 PM
5 lessons on QE:
1.QE can be complement&substitute for IR policy
2.QE macro effect more uncertain than IR, but duration extraction effect significant.
3.Few channels-signaling, liquidity provision..
Good 2have more tools, don't ditch them
Refreshing points by Lucrezia Reichlin #ecbwatchers
1.QE can be complement&substitute for IR policy
2.QE macro effect more uncertain than IR, but duration extraction effect significant.
3.Few channels-signaling, liquidity provision..
Good 2have more tools, don't ditch them
Refreshing points by Lucrezia Reichlin #ecbwatchers
Reposted by Uuree Batsaikhan
Next week, the new European Commission will put forward its clean industrial policy plans.
In a new paper, @ph-jaeg.bsky.social and I dig into what this strategy needs to deliver— backed by lots of brand-new *sectoral* data on the distribution of national subsidies.
Here are our main takeaways:
In a new paper, @ph-jaeg.bsky.social and I dig into what this strategy needs to deliver— backed by lots of brand-new *sectoral* data on the distribution of national subsidies.
Here are our main takeaways:
February 20, 2025 at 12:49 PM
Next week, the new European Commission will put forward its clean industrial policy plans.
In a new paper, @ph-jaeg.bsky.social and I dig into what this strategy needs to deliver— backed by lots of brand-new *sectoral* data on the distribution of national subsidies.
Here are our main takeaways:
In a new paper, @ph-jaeg.bsky.social and I dig into what this strategy needs to deliver— backed by lots of brand-new *sectoral* data on the distribution of national subsidies.
Here are our main takeaways:
Reposted by Uuree Batsaikhan
Climate-induced economic damages can lead to private-debt tipping points
Sounds interesting? Join us for our upcoming #Freitagsseminar w. Gaël Giraud.
📅 28th of February 2025
📍 #OeNB or online via Webex
Registration here: bit.ly/411oDRw
#Event
Sounds interesting? Join us for our upcoming #Freitagsseminar w. Gaël Giraud.
📅 28th of February 2025
📍 #OeNB or online via Webex
Registration here: bit.ly/411oDRw
#Event
February 21, 2025 at 7:47 AM
Climate-induced economic damages can lead to private-debt tipping points
Sounds interesting? Join us for our upcoming #Freitagsseminar w. Gaël Giraud.
📅 28th of February 2025
📍 #OeNB or online via Webex
Registration here: bit.ly/411oDRw
#Event
Sounds interesting? Join us for our upcoming #Freitagsseminar w. Gaël Giraud.
📅 28th of February 2025
📍 #OeNB or online via Webex
Registration here: bit.ly/411oDRw
#Event
🚨 We’re hiring! 🚨 Come and join us as a Senior Researcher. Your skills & voice are needed now more than ever in the civil society space to drive change and progressive new economics! 🌍💡
#JobAlert #Economics #CivilSociety
positivemoney.org/vacancy/seni...
#JobAlert #Economics #CivilSociety
positivemoney.org/vacancy/seni...
February 17, 2025 at 1:29 PM
🚨 We’re hiring! 🚨 Come and join us as a Senior Researcher. Your skills & voice are needed now more than ever in the civil society space to drive change and progressive new economics! 🌍💡
#JobAlert #Economics #CivilSociety
positivemoney.org/vacancy/seni...
#JobAlert #Economics #CivilSociety
positivemoney.org/vacancy/seni...
Reposted by Uuree Batsaikhan
📢 Now Published in Issue! 📢
Our article on what politicians think about the ECB is now out in @jcms-eu.bsky.social
We surveyed Members of the European Parliament to uncover their views on the ECB
👉 Available at onlinelibrary.wiley.com/doi/10.1111/...
And a short thread here -->
Our article on what politicians think about the ECB is now out in @jcms-eu.bsky.social
We surveyed Members of the European Parliament to uncover their views on the ECB
👉 Available at onlinelibrary.wiley.com/doi/10.1111/...
And a short thread here -->
What Do Politicians Think of Technocratic Institutions? Attitudes in the European Parliament Towards the European Central Bank
Technocracy has come to be increasingly regarded as a threat to representative democracy. Significant attention has thus been recently devoted to exploring public preferences towards technocratic ins....
onlinelibrary.wiley.com
February 17, 2025 at 10:52 AM
📢 Now Published in Issue! 📢
Our article on what politicians think about the ECB is now out in @jcms-eu.bsky.social
We surveyed Members of the European Parliament to uncover their views on the ECB
👉 Available at onlinelibrary.wiley.com/doi/10.1111/...
And a short thread here -->
Our article on what politicians think about the ECB is now out in @jcms-eu.bsky.social
We surveyed Members of the European Parliament to uncover their views on the ECB
👉 Available at onlinelibrary.wiley.com/doi/10.1111/...
And a short thread here -->
Reposted by Uuree Batsaikhan
Ireland collects much of the corporate tax revenue a more coherent US tax code would channel back across the Atlantic. Ireland could also be in the firing line as a major & growing contributor to the US trade deficit—now 4th in the world. By @phonohan.bsky.social: www.irishtimes.com/opinion/2025...
Patrick Honohan: Ireland is more exposed to Trump’s tariff war than any other European country
Without turning away from the United States, it is vital for Ireland to remain unambiguously and progressively engaged in collective action in support of Europe
www.irishtimes.com
February 10, 2025 at 6:46 PM
Ireland collects much of the corporate tax revenue a more coherent US tax code would channel back across the Atlantic. Ireland could also be in the firing line as a major & growing contributor to the US trade deficit—now 4th in the world. By @phonohan.bsky.social: www.irishtimes.com/opinion/2025...
Reposted by Uuree Batsaikhan
We highlight three own goals of failed internationalization:
1. Non-existent euro value chains locked the EU into disastrous dollar denominated fossil fuel imports
2. Wavering and weak ECB swap line policies (limited, conditional, unattractive)
3. That rare beast “a euro denominated safe asset”
1. Non-existent euro value chains locked the EU into disastrous dollar denominated fossil fuel imports
2. Wavering and weak ECB swap line policies (limited, conditional, unattractive)
3. That rare beast “a euro denominated safe asset”
February 11, 2025 at 7:38 AM
We highlight three own goals of failed internationalization:
1. Non-existent euro value chains locked the EU into disastrous dollar denominated fossil fuel imports
2. Wavering and weak ECB swap line policies (limited, conditional, unattractive)
3. That rare beast “a euro denominated safe asset”
1. Non-existent euro value chains locked the EU into disastrous dollar denominated fossil fuel imports
2. Wavering and weak ECB swap line policies (limited, conditional, unattractive)
3. That rare beast “a euro denominated safe asset”
Reposted by Uuree Batsaikhan
Why does the largest trading bloc on the planet have a miniature-sized currency? With Trump, the EU will again much regret this.
🎈In a new working paper, @steffenmurau.bsky.social and I set out to theorise failure and develop a new IPE perspective that foregrounds offshore money.
A thread 🧵
🎈In a new working paper, @steffenmurau.bsky.social and I set out to theorise failure and develop a new IPE perspective that foregrounds offshore money.
A thread 🧵
February 11, 2025 at 7:38 AM
Why does the largest trading bloc on the planet have a miniature-sized currency? With Trump, the EU will again much regret this.
🎈In a new working paper, @steffenmurau.bsky.social and I set out to theorise failure and develop a new IPE perspective that foregrounds offshore money.
A thread 🧵
🎈In a new working paper, @steffenmurau.bsky.social and I set out to theorise failure and develop a new IPE perspective that foregrounds offshore money.
A thread 🧵
On how we are giving up on climate one step at a time, review of Overshoot by @brettchristophers.bsky.social for @londonreview.bsky.social worth a read 👇🏻
February 2, 2025 at 11:19 AM
On how we are giving up on climate one step at a time, review of Overshoot by @brettchristophers.bsky.social for @londonreview.bsky.social worth a read 👇🏻
👉25 bp cut today as expected, though it could have been more seeing negative growth in FR, DE and stagnation in IT.
Also, can we take the moment to appreciate that no political figure is threatening the @ecb.europa.eu to cut rates 👐
This independence could be put to good use towards the 🌎 🌱
Also, can we take the moment to appreciate that no political figure is threatening the @ecb.europa.eu to cut rates 👐
This independence could be put to good use towards the 🌎 🌱
We cut our key interest rates by 0.25 percentage points.
We are doing this because inflation is developing broadly as we expected and is on track to settle at around our 2% target.
Read today’s monetary policy decisions www.ecb.europa.eu/press/pr/dat...
We are doing this because inflation is developing broadly as we expected and is on track to settle at around our 2% target.
Read today’s monetary policy decisions www.ecb.europa.eu/press/pr/dat...
January 30, 2025 at 1:52 PM
👉25 bp cut today as expected, though it could have been more seeing negative growth in FR, DE and stagnation in IT.
Also, can we take the moment to appreciate that no political figure is threatening the @ecb.europa.eu to cut rates 👐
This independence could be put to good use towards the 🌎 🌱
Also, can we take the moment to appreciate that no political figure is threatening the @ecb.europa.eu to cut rates 👐
This independence could be put to good use towards the 🌎 🌱
Reposted by Uuree Batsaikhan
🚨New paper by the Uni Witten SuFi Project in @finandsoc.bsky.social
Channels of influence in sustainable finance:
A framework for conceptualizing how private actors shape the green transition
www.cambridge.org/core/journal...
A 🧵 on our main arguments:
Channels of influence in sustainable finance:
A framework for conceptualizing how private actors shape the green transition
www.cambridge.org/core/journal...
A 🧵 on our main arguments:
January 30, 2025 at 10:07 AM
🚨New paper by the Uni Witten SuFi Project in @finandsoc.bsky.social
Channels of influence in sustainable finance:
A framework for conceptualizing how private actors shape the green transition
www.cambridge.org/core/journal...
A 🧵 on our main arguments:
Channels of influence in sustainable finance:
A framework for conceptualizing how private actors shape the green transition
www.cambridge.org/core/journal...
A 🧵 on our main arguments:
Reposted by Uuree Batsaikhan
This new roadmap should:
☑️ Introduce green lending facilities,
☑️ Implement climate criteria in its collateral framework,
☑️ Tilt the stock of securities in the remaining asset purchase portfolios.
4/5
☑️ Introduce green lending facilities,
☑️ Implement climate criteria in its collateral framework,
☑️ Tilt the stock of securities in the remaining asset purchase portfolios.
4/5
January 28, 2025 at 9:58 AM
This new roadmap should:
☑️ Introduce green lending facilities,
☑️ Implement climate criteria in its collateral framework,
☑️ Tilt the stock of securities in the remaining asset purchase portfolios.
4/5
☑️ Introduce green lending facilities,
☑️ Implement climate criteria in its collateral framework,
☑️ Tilt the stock of securities in the remaining asset purchase portfolios.
4/5
Reposted by Uuree Batsaikhan
Maintaining our #FossilFuel dependency leaves us vulnerable to future price shocks, as seen with the high inflation in recent years.
➡️ With 40 civil society organizations, we urge the ECB Governing Council to deliver an improved Climate Roadmap when concluding this year’s strategy assessment.
3/5
➡️ With 40 civil society organizations, we urge the ECB Governing Council to deliver an improved Climate Roadmap when concluding this year’s strategy assessment.
3/5
January 28, 2025 at 9:58 AM
Maintaining our #FossilFuel dependency leaves us vulnerable to future price shocks, as seen with the high inflation in recent years.
➡️ With 40 civil society organizations, we urge the ECB Governing Council to deliver an improved Climate Roadmap when concluding this year’s strategy assessment.
3/5
➡️ With 40 civil society organizations, we urge the ECB Governing Council to deliver an improved Climate Roadmap when concluding this year’s strategy assessment.
3/5
Reposted by Uuree Batsaikhan
🔵 The 2025 review of the @ecb.europa.eu ’s monetary strategy policy is the perfect opportunity for the #ECB to take ambitious measures that integrate learnings and challenges four years after its first “Climate Roadmap”.
Why? ⤵️
1/5
Why? ⤵️
1/5
Open letter to the ECB Governing Council calling on greener monetary policy - Reclaim Finance
More than 40 civil society organizations and 20 experts signed an open letter calling on the European Central Bank (ECB) to green its monetary policy this year. The signatories emphasize the need to r...
reclaimfinance.org
January 28, 2025 at 9:58 AM
🔵 The 2025 review of the @ecb.europa.eu ’s monetary strategy policy is the perfect opportunity for the #ECB to take ambitious measures that integrate learnings and challenges four years after its first “Climate Roadmap”.
Why? ⤵️
1/5
Why? ⤵️
1/5
Manifesto time ⌛️ @positivemoneyeu.bsky.social and 40 organisations provide a clear, detailed roadmap for the @ecb.europa.eu to green its monetary policy as we approach the critical mid-2025 milestone when the ECB will review its monetary policy strategy 👇 (positivemoney.org/update/no-st...)
January 29, 2025 at 2:07 PM
Manifesto time ⌛️ @positivemoneyeu.bsky.social and 40 organisations provide a clear, detailed roadmap for the @ecb.europa.eu to green its monetary policy as we approach the critical mid-2025 milestone when the ECB will review its monetary policy strategy 👇 (positivemoney.org/update/no-st...)
Lots of the good work done by the @ec.europa.eu on EU Sustainable finance package in the last few years will now be weakened and watered down due to finance&corporate pressure #Omnibus
January 29, 2025 at 10:56 AM
Lots of the good work done by the @ec.europa.eu on EU Sustainable finance package in the last few years will now be weakened and watered down due to finance&corporate pressure #Omnibus
Reposted by Uuree Batsaikhan
NEW PIECE: Another entry in the #MonetaryPolicy201 series, this time focusing on the question, does limiting purchases to the "open market" actually matter? The answer comes from a never before seen 1942 memo from the Fed's head of research at the time
www.crisesnotes.com/does-restric...
www.crisesnotes.com/does-restric...
Does Restricting Treasury Purchases to the “Open Market” Matter? Long Forgotten & Secret Federal Reserve Memo Says “No”. #MonetaryPolicy201
#MonetaryPolicy201 is a monthly series about the basics of monetary policy. It’s a “201” series because I will be grounding the basics of monetary policy on their largely forgotten legal foundations. ...
www.crisesnotes.com
January 28, 2025 at 2:49 PM
NEW PIECE: Another entry in the #MonetaryPolicy201 series, this time focusing on the question, does limiting purchases to the "open market" actually matter? The answer comes from a never before seen 1942 memo from the Fed's head of research at the time
www.crisesnotes.com/does-restric...
www.crisesnotes.com/does-restric...