Author Archives: markcliffe

About markcliffe

Board Advisor and Thought Leader on the impact of disruptive change. Former Chief Economist of ING Group

The Fed’s Climate Complacency

The US Federal Reserve’s new pilot climate scenario exercise for major US banks is likely to understate both the risks and opportunities of tackling climate change. The US Federal Reserve is being dangerously complacent about climate change. It understandably does … Continue reading

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Pandenomics Revisited – Podcast

Back in April 2020, only a few weeks into the Covid-19 pandemic, I published a report entitled “Pandenomics – 15 Ways that Covid-19 could change the world”, with a subsequent spinoff for the CEPR’s VoxEU.  Now that the pandemic is … Continue reading

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Climate – The Sting is in the Tails

Why increasing volatility in the weather has more immediate impact than global warming Scientists have long warned that climate change will adversely affect weather patterns and living conditions around the world. These warnings are turning into a painful reality. Worse, … Continue reading

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Climate Shock: time for more stressful tests on banks

There is no doubt that the central banks, supervisors and regulators recognise the urgency of climate change. This is why they are conducting stress tests on the financial risks that it poses to the banks and other financial institutions. Sadly, … Continue reading

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Where’s the Beef? – a recipe for decarbonisation

Here’s a link to the podcast of my interview by Gavin McLoughlin of Newstalk radio on “Reducing Consumption and Committing to Decarbonisation”. It was a broad-ranging conversation, touching on spending patterns, lifestyles, jobs, innovation and policy. We began by discussing … Continue reading

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How Green Credits might ease the way for Green Taxes

Green Credits might ease the way for progressive Green Taxes to accelerate the Race to Zero Continue reading

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Making Small Cool – the case of cars

My “Stuff Stuff” article argued that if we are to save the planet “we cannot and should not aspire to every household in the world owning a 2½ ton SUV”. Cars are an emblematic and critical illustration of our need … Continue reading

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“Stuff Stuff” – the Case for a Radical Greening in Taxes

We are consuming too much stuff. This is not just bad for the planet, it’s bad for our prosperity and happiness. As we look to recover from the Covid-19 pandemic and tackle not just climate change but broader environmental damage, … Continue reading

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New Horizons Beyond ING

My New Favourite Mug Leaving in the midst of the Covid-19 pandemic lockdown is somehow fittingly strange and unexpected. My 22 years at ING, mostly as Chief Economist, marked an unforgettable period of shocks in economics, politics, technology, society and, … Continue reading

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A critical year for climate change

The coming year will be critical in setting the direction for what is widely seen as the ‘decisive decade’ for action on climate change and the UN’s Sustainable Development Goals (SDGs). Thankfully, contrary to earlier fears that climate action would … Continue reading

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