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Central banks need macroeconomic models and forecasting procedures that reflect the impact of climate change and nature degradation and that keep track of the changing structure of the economy. If climate and nature affect productivity, growth, and inflation, Elderson notes, they fall within the mandate. #CambiamentoClimatico #EconomiaSostenibile #BCE (translated)

"Quantum computing is already on the horizon and could be widely available by 2030." Frank Elderson, vice president of the ECB's supervisory board, states in an official statement that "quantum computing is already on the horizon and could be widely available by 2030," and despite the fact that "sensitive and encrypted information can currently be collected and stored with the expectation that future technological advances will enable its decryption," attackers can steal and store encrypted data to decrypt it in the future when sufficiently powerful quantum machines become available. #ComputaciónCuántica #Ciberseguridad #Criptografía (translated)