The paper outlines that measures to take into account nature-related riskscould fall within the scope of the ECB’s primary objective of maintaining pricestability. Continued macroeconomic research and assessment of nature-relatedrisks, including their potential impact on price stability will be crucial to ensuring thatthe ECB properly considers nature-related risk in its monetary policy. Moreover, anintegrated approach to climate and nature-related risks will be needed to fullycapture t
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