21– See Parker, M. (2018), “  The Impact of Disasters on Inflation  48; ECB and ESRB, (2020, ibid.). 8. The challenge goes beyond climate change. Other aspects of environmental protection, in particular the preservation of biodiversity, are equally important. (TFEU).  10. When the Eurosystem launched its public sector purchase 9. See  Art.
127(1), Treaty on the Functioning of the European Union  programme (PSPP), Benoît Cœuré referred to the concept of market neutrality for the first time. “The concept of market neutrality means that, while we do want to affect prices, we do not want to suppress the price discovery mechanism.