Sabine Mauderer: Sustainable finance and the availability of good quality data Welcome remarks by Dr Sabine Mauderer, Member of the Executive Board of the Deutsche Bundesbank, at the International Conference on Statistics for Sustainable Finance, jointly organised by the Bank of France, Deutsche Bundesbank and the Irving Fisher Committee on Central Bank Statistics, Paris, 14 September 2021.
The point that I want to emphasize is that, if we introduce a monetary union without first having put in place a genuine common market which can act as a shock absorber for idiosyncratic shocks hitting individual economies, we run the risk of exposing our economies to greater macroeconomic volatility.