The Bundesbank’s greenhouse gas emissions came in at around 13,676 tonnes of CO2 equivalents in 2021, which corresponds to a reduction of just over 52.3% compared with the 2013/14 base value (28,650 t). As in 2020, the restrictions on public life caused by the coronavirus pandemic resulted in reduced emissions in 2021 as well. This was because business travel were still very low and reductions were made in heat consumption.

The July 2022 Monthly Report presents results and use cases of distributional wealth accounts (DWA) for households in Germany and describes the evolution of the creditor structure of government debt in the euro area. It also analyses the factors influencing international portfolio flows and contains an article on the cross-border interoperability of central bank digital currency.

Climate change has consequences for society, the economy and the financial system, and therefore also has an impact on the core tasks of a central bank. In light of this, the Bundesbank will from now on regularly report on how it takes the financial implications of climate change and climate policy into account in its work.

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The June 2022 edition of the Monthly Report outlines the outlook for the German economy for 2022 to 2024 and lays out long-term scenarios and options for reforming the pension insurance scheme. Furthermore, it analyses both bracket creep in income tax rates and the current developments and challenges facing public finances in the euro area. The report concludes with an article on the survey of firms conducted by the Deutsche Bundesbank and how it is used to assess the financial situation of the corporate sector.

The May 2022 edition of the Monthly Report comments on the economic situation in spring 2022.